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OLX operates a peer-to-peer marketplace for local buying and selling of goods and services.
Founded in 2006 and based in New York, OLX connects buyers and sellers through local listings for goods and services, including electronics, appliances, and vehicles. Users can browse listings and contact sellers to arrange transactions. The company operates in markets including Brazil, Poland, Romania, and Ukraine. In August 2010, Naspers Limited acquired all investors in OLX and invested USD 167 mn.
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