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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...