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 has joined AIM Group in 2014 as a writer/analyst covering France, Belgium, the Netherlands and Eastern Europe. A Russian living in Antwerp, Belgium, she has a background working for trade publications covering markets and their regulation. She is educated at Moscow State Lomonosov University (MA in psychology) and Central European University (PhD in public policy). After obtaining her doctoral degree, she taught international political economy at George Washington University in Washington DC 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 commodity markets, particularly shale gas development in North America.