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 U.S. +1.407.788.2780     Germany +49.89.6.214.6044 info@aimgroup.com

The rumors are true. Naspers-owned OLX Group has bought a 10 percent stake in leading Asian marketplace Carousell for $56 million U.S. As part of the deal, Carousell will merge its operations with OLX in the Philippines.

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