OLX

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OLX, Inc.
Type Private
Founded March 2006
Headquarters New York, NY
Key people Fabrice Grinda, Co-founder/Co-CEO and Alec Oxenford, Co-founder/Co-CEO
Industry Classifieds
Products olx.com, mundoanuncio.com, edeng.cn
Employees approx. 70[citation needed]
Website www.olx.com

OLX is an internet company based in New York, NY and Buenos Aires, Argentina. The OLX website hosts free user-generated classified advertisements for urban communities around the world and provides discussion forums sorted by various topics.

OLX gained prominence upon announcing a partnersip with Friendster, the popular social networking website. The story was covered by dozens of media publications, including the New York Times[1], and was a topic of debate among bloggers.

The company was co-founded in March 2006 by Internet entrepreneurs Fabrice Grinda and Alec Oxenford. Fabrice previously founded Zingy[5], a mobile ringtones company that sold to For-Side for $80 million in May 2004.[2][3] Alec previously founded DeRemate[6], a leading online auction website in Latin America. DeRemate sold to MercadoLibre.com, an eBay affiliate, in November 2005. Alec is also a member of the World Economic Forum's List of Young Global Leaders.[4]

Contents

[edit] Geographic scope

As of November 2007, OLX is available in 42 countries and 12 languages. [5]

Countries: Algeria, Argentina, Australia, Belarus, Belgium, Brazil, Cameroon, Canada, Chile, Colombia, Ecuador, France, Germany, Hong Kong, India, Indonesia, Ireland, Italy, Malaysia, Mexico, Morocco, New Zealand, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Russian Federation, Singapore, South Africa, Spain, Switzerland, Taiwan, Thailand, Tunisia, United Arab Emirates, United Kingdom, United States, Venezuela, Zimbabwe

Languages: English, Spanish, Portuguese, French, Italian, Deutsch, Polish, Russian, Tagalog, Dutch, Thai, Ukraine

[edit] Features

OLX's features include:

  • Ability to design rich HTML listings
  • Central Control over selling, buying, and community activity
  • Easy payments
  • Spam controls
  • Ability to promote listings on other websites, like MySpace, Xanga, and Blogspot
  • Ability to discuss listings with other interested users
  • Ability to search for items near you, wherever you live
  • Access to website from mobile phones
  • Availability in many languages

[edit] References

  1. ^ New York Times coverage on social networking sites and classified.
  2. ^ VentureVoice Interview [1]
  3. ^ Forbes article 'Zingy Founder Steps Down'[2]
  4. ^ Young Global Leaders Website [3]
  5. ^ OLX 'About Us' Page [4]

[edit] External links