OLX – Platform For Selling Used Goods- Emerges As The Market Leader in India

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Global online classifieds platform OLX, and India’s largest marketplace for used goods, announced today that it generates more than 11 billion monthly page views – around 360 million page views each day. Of these 11 billion monthly page views, 1.5 billion monthly page views are generated from India. These significant milestones follow OLX’s expansion into eleven new countries across Southeast Asia and Europe.

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According to OLX India, OLX.in’s traffic has grown 150 times in the last 3.5 years, when its first television Ad was released. OLX.in’s brand awareness is more than 12 times than that of the number #2 player in the market in used Auto and Vehicles category, 8 times in Home and Household Goods category, and 8 times in Mobile Phones and Tablets category.

OLX.in is the number one mobile classifieds of India – almost 3 times more than the number #2 player in downloads and traffic. 100% of the listing content on the OLX.in site is user generated. As a pure consumer-to-consumer (C2C) platform, OLX neither makes listings on behalf of its users, nor calls users of other classifieds for listings, adds OLX in its press statement.

Commenting on this achievement, Amarjit Batra, CEO, OLX India, said, “OLX created the category of C2C trade in India and we feel extremely fortunate that in a short time of 3 years, OLX has become a verb for ‘Selling’ with ‘OLX Pe Bech De’, ‘ OLX Kar Do’ and ‘OLX it’ being frequently used by Indians in their daily lingo. Though we are a global brand leader in 25 strong emerging markets and 3 out of 5 BRICI countries, OLX is a truly local brand of India, built by Indians and for Indians.”

Mobile users have fueled a significant portion of OLX’s growth since its launch in 2006, particularly in major emerging markets like Brazil and India, where mobile adoption continues to swell. OLX invested early and heavily in mobile, building a highly rated app (4.2 stars in the Google Play store) and launching on all operating systems. The OLX mobile app has been downloaded over 35 million times worldwide and ranks as the #1 or #2 e-commerce app in the Google Play store in many markets, adds the statement of OLX.

OLX is the world’s leading classifieds platform in growth markets and is available in more than 40 countries and over 50 languages. OLX connects local people to buy, sell or exchange used goods and services by making it fast, easy and free for anyone to post a listing through their mobile phone or on the web. Every day, tens of millions of people in local markets around the world are already using OLX’s online marketplace to find and sell a wide range of products, including furniture, musical instruments, sporting goods, cars, kids and baby items, motorcycles, cameras, mobile phones, property and much more.

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