OLX state why they are shutting down in Nigeria.

One of Africa’s leading online classified platforms, OLX, said the need to consolidate international operations of the company led to the decision to close its Nigeria office.

On Thursday, February 8, 2018 OLX through their public relation department stated why they are closing in Nigeria.

The company’s statement reads: "We made a difficult but important decision in Nigeria to consolidate our operations between some of our offices internationally.”

"Our marketplace will continue to operate here - uninterrupted - as it has since 2010, and we remain committed to the many people here who use our platform to buy and sell every month. We continue to be focused on constantly innovating to make sure that OLX remains the top classifieds platform in the country."

OLX was founded in 2006 by Alec Oxenford and Fabrice Grinda to serve as an alternative to Craigslist. The Nigeria office of the company was opened in 2012.

In 2014, a South African media group, Naspers, bought a majority stake in the company in 2010.

"Of course, we are committed to helping our affected colleagues during this transition and have already offered them meaningful financial and other support.

“As we've expressed to them directly, we are extremely grateful for their many significant contributions to OLX's success," the statement added.

OLX currently operates in 45 countries across the world including Nigeria, Kenya and South Africa. The company is rated as the largest online classified ads company in India, Brazil and Eastern European countries.

Comments

IMSU Best Student Gets N13.7M Scholarship From Rochas

IMSU Best Student Gets N13.7M Scholarship From Rochas Dr Chigozie Ekenze, the best graduating student at the 2016 combined convocation ceremony of Imo State University IMSU was given Thirteen Million Seven Hundred Thousand Naira (13,700,000) been by Governor Rochas Okorocha to enable him proceed for his Post Graduate Program in London immediately. Dr Chigozie who lost his Father after gaining admission to study Optometry in Imo State University and was almost withdrawn for lack of funding as his mother’s vegetable trade could not sponsor his education. After becoming governor in 2011, Rochas Okorocha declared free and compulsory education from primary to university for him.

Why government job? Here are 5 businesses to startup in Nigeria.

While a majority of the Nigerian population are forcing their way into the public sector to meet ends, a lot of opportunities are dieing down, and remain untapped in the country. A nation that have produced the richest man in African, richest woman in Africa and a growing large telecom company, but yet its citizens still run to government to offer them jobs. I picked sectors in the country that have a lot of opportunities to dig into. While it might differ in location, these are the ones i found in my place. Feel free to add yours at the comment box below. 1. Poultry Farming. With the festive periods drawing close, chicken is not only needed but eggs also. These eggs can be supplied to restaurants as well as sold to retail outlets. Believe me I've seen a lot of people make it in this business. If you start with 1,000 birds and manage your poultry farm properly, when the turnover on investment begins to come, you will be making millions annually. ...

The most powerful photos from the historic anti-Mugabe marches in Zimbabwe

The most powerful photos from the historic anti-Mugabe marches in Zimbabwe Many took to the streets of Harare in Zimbabwe to call on the resignation of president Robert Mugabe.Reuters Tens of thousands of protesters have reportedly taken to the streets of Harare in Zimbabwe to call for the resignation of president Robert Mugabe. Protesters sang songs, hugged soldiers, and waved banners, placades, and the national flag as Zimbabweans added their voices to the political changes this week . On Wednesday, the military took over the country's state broadcaster and blocked access to the country's parliament and courts. The military said it was determined to weed out "criminals" and wanted to "pacify a degenerating political, social, and economic situation." The military added that it would only return power once it had achieved it's goal. On Saturday, the military sanctioned a march in Harare, the capital of Zimbabwe. Here are some of the best photographs. Te...

Comments 234

Search This Blog