Olx Net Worth
Olx Net Worth In 2022
|Net Worth||$194 Billion|
|Net Worth in Indian Rupees||19.4 crore|
|Revenue||128.1 crores USD|
|PE Ratio 2022||8.64|
|Founded||Founded in 2006|
OLX operates an online marketplace for customer-to-consumer sales, specifically targeting users in emerging markets, with a view to providing customers with a safe, reliable and efficient way to purchase and sell goods. OLX was founded in 2006. The founders sought to establish an online platform through which ordinary consumers could sell their unwanted goods. Grinding noted in particular that large online marketplaces such as eBay and Craigslist have extensive operations in developed markets, but they did not show much interest in establishing a presence in emerging markets, particularly in Latin America, Eastern Europe and Southeast Asia. OLX Marketplace is a platform for buying and selling services and goods such as household items, electronics, furniture, fashion items, cars, and bikes. In 2014, the platform had 200 million monthly active users, 11 billion page views, 25 million listings and 8.5 million transactions per month. In 2021, the OLX brand was active in Romania, Brazil, Poland, Indonesia, Portugal, Herzegovina, Peru, Kazakhstan, South Africa, Colombia, India, Argentina, Bulgaria, Bosnia, Ecuador, Ukraine, and Uzbekistan. OLX has launched several partnerships in recent years, in local markets and internationally. The company operates several local online channels in its active markets that cater exclusively to local customers. These include www.olx.ph in the Philippines, www.olx.com.in in India and www.olx.com.br in Brazil. These sites allow customers to register a user account, browse classified ads, place ads, and make purchases.
Olx Net Worth Growth
|Net Worth 2022||$196 Billion|
|Net Worth 2021||$195 Billion|
|Net Worth 2020||$195.5 Billion|
|Net Worth 2019||$194 Billion|
|Net Worth 2018||$193 Billion|
|Net Worth 2017||$191 Billion|
|Net Worth 2016||$190 Billion|
|Net Worth 2015||$188 Billion|
|Net Worth 2014||$187 Billion|
|Net Worth 2013||$186 Billion|
|Net Worth 2012||$185 Billion|
|Net Worth 2011||$180 Billion|
OLX provides an easy platform for general customers to buy and sell goods and services and to organize community activities. The company’s online platform is reported to be attracting more than 200 million active users every month. A recent report suggests that the majority of users of the platform are male, about 65%. As an online service, it is primarily used by younger, more tech-savvy audiences, with the most significant portion of its traffic coming from users between the ages of 25 and 34, followed by users between the ages of 18 and 24. Platforms, however, are also reported to generate traffic from users between the ages of 50 and 55 due to the simplicity of use of the platform. Unlike other tech companies, OLX does not want to compete in large, established markets, but instead seeks to take advantage of opportunities in emerging markets. The company serves local users locally in more than 40 countries around the world, with India, Brazil, and Poland being the largest markets, accounting for about 50% of the total users. OLX also operates in other emerging markets in Africa, Latin America, Asia Pacific and Europe. OLX also offers mobile applications for iOS and Android systems that provide similar functionality. An important part of the company’s mobile channel business is in emerging markets where smartphones are the main means of accessing the Internet to consumers.
Olx Total Assets
|Total Assets 2022||$347,403|
|Total Assets 2021||$319,616|
|Total Assets 2020||$275,909|
|Total Assets 2019||$232,792|
|Total Assets 2018||$197,295|
|Total Assets 2017||$167,497|
|Total Assets 2016||$147,461|
|Total Assets 2015||$129,187|
|Total Assets 2014||$110,920|
|Total Assets 2013||$93,798|
|Total Assets 2012||$72,574|
|Total Assets 2011||$57,851|
Olx Total Liabilities
|Total Liabilities 2022||$103,601|
|Total Liabilities 2021||$64,117|
|Total Liabilities 2020||$45,900|
|Total Liabilities 2019||$45,241|
|Total Liabilities 2018||$40,787|
|Total Liabilities 2017||$35,979|
|Total Liabilities 2016||$30,521|
|Total Liabilities 2015||$24,979|
|Total Liabilities 2014||$20,363|
|Total Liabilities 2013||$17,521|
|Total Liabilities 2012||$15,241|
|Total Liabilities 2011||$10,400|
FAQ About Olx
Who is the founder of Olx?
Alec Oxenford and Fabrice Grinda is the founder of Olx.
What is Net Worth of Olx?
The net worth of Olx is $194 Billion.
Who is the CEO of Olx?
Romain Voog is the CEO of Olx.
What is the full name of OLX?
On Line eXchange (OLX) is an online classified which connects buyers and sellers.