OLX is a global online classifieds marketplace that enables users to buy and sell goods and services locally. Founded in 2006 by Fabrice Grinda and Alec Oxenford, the platform operates in dozens of markets across Europe, Asia, Latin America, and Africa. OLX is part of OLX Group, which is owned by the international investment company Prosus (a subsidiary of Naspers). The platform allows individuals and businesses to list items such as electronics, vehicles, real estate, jobs, and household goods, making it one of the most widely used peer‑to‑peer trading platforms in emerging markets.
With thousands of employees worldwide and millions of listings active at any time, OLX has built a strong reputation for enabling circular commerce by helping people reuse and resell items instead of discarding them. The company has expanded into specialized verticals such as OLX Autos for car transactions and integrated safety, messaging, and payment features in several markets. Through its broad international presence and strong backing from Prosus, OLX remains one of the largest digital classifieds platforms globally.
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