About OLX

Well if you have been internet user, who is moderately active on online shopping stuff, you would have definitely well-known about OLX, which became viral in a truly negligible time-period. The website, which has now become one of the best places for selling and buying things online, is quite useful for every customer, who would like to avoid the problems of brokerage charges and related stuff in-between their deals, especially deals for selling and buying used products

OLX has been one of the best website, where people can post free classified advertisement in order to buy or sell your desired products in no time, by just using online web-based technology.

For over time, we have really enjoyed the free services offered by OLX yet rarely imagine what if it was payable. I don’t want to say we like free things but it’s a fact that if it was payable to offer services many of us could have hardly used it.

Due to the    growing  e-commerce market  OLX prompted to now think in terms of monetizing the business by charging an individual listing their items for sale. CEO Amarjit Singh Batra said Till now, OLX has not been charging any fee for listing old items and only uses advertising to generate revenues.
Batra said the site only connects buyers of used products with sellers, it does not enable a transaction to be completed - each transaction is actually completed offline. The largest categories on OLX are mobile phones and automobiles. Automobiles (used cars and bikes largely) generate 850 million page views every month. But the site gets some rather interesting listings. For example, students sometimes come for selling their class notes and science projects on the site. Rural India has been buying and selling cattle on OLX. And often, people get their pets on the site. Batra said about 60% of the site's listings come from tier I and metros and the remaining 40% comes from smaller towns and rural India.
To a question on whether OLX has faced any regulatory headwinds like e-commerce giants Flipkart, Snapdeal or Amazon in India, Batra said these issues were not pertinent to OLX since no actual transactions happen on the site.