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OLX Romania posts 43% profit hike

OLX Romania, the country’s largest horizontal, posted a net profit of RON 27.5 million ($6.5 million U.S.) last year. That’s a year-on-year increase of 43 percent, according to local financial daily Ziarul Financiar. Last year saw OLX Romania implement stricter...

Walie Holdings to manage Jiji’s OLX businesses

Naspers-owned OLX Group’s sale of its African OLX horizontals to Ukraine-based Genesis Technology Partners is officially complete. Genesis subsidiary Jiji.ng now owns OLX horizontals in Nigeria, Ghana, Kenya, Tanzania, and Uganda. They will be managed by Walie...

Evtiko closes its doors in Turkey

Evtiko, the real estate vertical launched by Sina Afra in 2016, has announced via Twitter that it will end operations in Turkey. The site said it will continue providing tech and infrastructure support to the Tiko brand in Spain.  This content is part of our business...