OLX sales up in Ukraine on popularity of used goods and mobile

27 Jan 2015

Ukraine’s No. 1 general classifieds platform OLX.ua, owned by Naspers, reported its trade volume rose 62 percent year-on-year in 2014, and the number of users 20 percent.

The site management attributed the broad trend of growing popularity of ecommerce and online trade in the country to several factors, including the tough economic conditions, which make people prefer used goods over new goods,

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Anastasia Gnezditskaia

Anastasia Gnezditskaia is a writer / analyst covering France, Benelux and Morocco. Originally from Moscow and now based in Antwerp, Belgium, she has a background working for trade publications covering markets and their regulation. With a doctoral degree in political economy from Central European University, she taught graduate and undergraduate courses at George Washington University in Washington, D.C., where she lived for 10 years. Following this she managed international development projects in Africa at the World Bank, and worked as a journalist covering Congress, federal government agencies and financial markets, including energy futures in North America.