Press for OLX

We’ve been hearing recently that South African media conglomerate and recent DST investorNaspers was sniffing around Crasiglist competitorOLX. Today, we confirmed with OLX co-founders Alec Oxenford and Fabrice Grinda that Naspers has made a strategic investment in the online classifieds company.

OLX today introduced the OLX application available for free from Apple's iTunes app store. OLX users can now search local classified ads, reply to listings, & post ads with just a few simple taps and, as always, the use of OLX is completely free. OLX has been already available to mobile internet users for over three years with its mobile-friendly site accessible at http://m.olx.com and is now launching its application for all major mobile operating systems, beginning with the iPhone.

Signaling the importance the company places on the Portuguese market, OLX today announced the appointment of Rodrigo Ribeirão as Country Manager of OLX Portugal. In his new role, Ribeirão will be responsible for developing and implementing the company strategy in Portugal and will lead all OLX Portugal operations including both the internet classifieds site (www.olx.com.pt) and the mobile classifieds site (http://m.olx.pt/). Ribeirão, also the Country Manager of the OLX Brazil office, aims to accelerate the growth of the already-successful OLX Portugal sites, and build a stronger relationship with its Portuguese clients.

LiveJournal.com, the largest online blog hosting platform, and OLX, popular global online classifieds site have launched a co-branded classifieds channel at LiveJournal.com. This channel will expand functionality and increase convenience of LiveJournal for its users.