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.

This information was disclosed in a statement issued by the OLX Nigeria’s Public Relation and Communication Lead, Uche Nwagboso in Lagos on Thursday, February 8, 2018. The company further added that its operation and services will be active in the country.

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. At present, Naspers owns 95% of the business.

"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.

Source: http://www.clintgist.com/why-we-are-closing-our-nigeria-office-olx/

cc: lalasticlala

Hmmmm

why do south Africa hate nigeria? now dey hv rendered our boys jobless..nobody shud trade on olx again

South Africans are bigots. First it was PayPal, then MTN and their exorbitant data and call plans, and now OLX has sacked Nigerians from their jobs. Retards

The dullard is doing really great.

The Heat generated by buhari is too much for them.

OLX, sell it!

Solomonudofia:



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.

This information was disclosed in a statement issued by the OLX Nigeria’s Public Relation and Communication Lead, Uche Nwagboso in Lagos on Thursday, February 8, 2018. The company further added that its operation and services will be active in the country.

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. At present, Naspers owns 95% of the business.

"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.

Source: http://www.clintgist.com/why-we-are-closing-our-nigeria-office-olx/

cc: lalasticlala

It still did not say why they are closing their Nigeria office

radiokilla:
South Africans are bigots. First it was PayPal, then MTN and their exorbitant data and call plans, and now OLX has sacked Nigerians from their jobs. Retards

what stops you from employing them? its their company they can do whatever they want to do with it.

Bad economy and working environment, simple

That polytechnic minister would be looking for numerous ways to increase tax instead of helping businesses grow

Make them go we go build ours

THE ZOOLOGICAL REPUBLIC IS A FAILURE

How i go take advertise and sell buhari now

Buhari is a useless cow

free2ryhme:


It still did not say why they are closing their Nigerian office

Honestly, it is apparent that all the many lines didn't still say why they were closing the Nigeria office.

This is an opportunity for any vibrant entrepreneur to tap into... olx came up as alternative to Craigslist... let's av a replacement. Jiji would av bn, d site and app are tiring. Not well programmed

Naspers has been losing money on their ecommerce businesses in Nigeria for some time

Under buhari, Nigeria no pay again.

Soon they ll start tax for closing ur business.

Buhari sef. Wat a bad luck

Its so simple PMB is not favoring you guys

another one leaves..

Who Olx Epp

We can't blame them , why should anyone keep investing in a country where cattles are taken more serious than human lives ...

BS as usual

If they want to leave , why shouldn't they leave ? afterall the release said the site and apps will be active

All these let's boycott everything people

boycott gtbank for innonso

boycott beef to protest against herdsmen

Now boycott olx


wEHDON SAH

kestolove95:
why do south Africa hate nigeria? now dey hv rendered our boys jobless..nobody shud trade on olx again

Okay

Chai Olx have go

Ok