Tag: olx


OLX-developed payment service ready for rollout

OLX-developed payment service ready for rollout

In a blog post, Benjamin Schneider, OLX's Berlin-based head of engineering, lifted the lid over the payments system his team developed in-house for rollout to OLX Group sites around the world. The payments service is known as Plutus. While the post is really about the technology stack they chose to build Plutus, Schneider sheds some light on the functions of the system.


Storia launches in Egypt, and worldwide

Storia launches in Egypt, and worldwide

Back in May, OLX Group took an unorthodox step in Egypt: OLX Egypt launched the real estate vertical brand Storia in Egypt - not as a vertical, but as a new category on OLX Egypt; a category focused on luxury properties only. So, it created a brand within a brand. Unusual, to say the least. 


Julian Artope, left Ringier Africa after five years at the helm (photo from his LinkedIn page with thanks)

Julian Artopé swops Ringier Africa for IPrice Group

Julian Artopé, managing director of Ringier Africa for four years, started in a new position at the IPrice Group as senior vice-president for business development in August. Ringier Africa is a subsidiary of Swiss media group Ringier. 


AutosPlus2017: Meet Lukas Draginas of Otomoto

AutosPlus2017: Meet Lukas Draginas of Otomoto

When Lukas Draginas, general manager of Otomoto.pl, raised prices on the Polish automotive classified platform, the site’s customers were livid. “We had trailers blocking the roads around our office, dealers were burning our flags and massively leaving the platform,” Draginas said. But Otomoto held firm, and the result is a classifieds success story in Poland. Draginas will be telling that story, and others, during his talk at AutosPlus2017, the AIM Group’s classifieds conference scheduled for October 9 and 10 in London.


Amazon.in rebrands used-goods site, enters 3 new cities

Amazon.in rebrands used-goods site, enters 3 new cities

After quietly rolling out its ‘Sell as individual’ program in Bengaluru in January this year (reported by us first, we are proud to say), Amazon Inc. now took the next, purposeful step towards offering a Craigslist-like classified platform nationwide for used goods (with on-site payment): The Sell as individual program was rebranded as Local Finds and rolled out in three new cities.


OLX to test a payments service in four countries

OLX to test a payments service in four countries

OLX Group is testing a payments service for buyers and sellers on its classifieds platforms in four countries (UAE, Ukraine, Bulgaria and Brazil). If the “experiments” in these countries show promise, “third-party payments functionality will be introduced elsewhere”, said Martin Scheepbouwer, CEO of OLX Group, in response to a question of an analyst during the Naspers results webcast earlier this week.



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