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olxgroup.com

Investments

9

Portfolio Exits

5

Partners & Customers

5

About OLX Group

OLX Group is a global product and tech group composed of more than 17 brands in 40 countries. It was founded in 2006 and is based in Amsterdam, Netherlands.

Headquarters Location

Gustav Mahlerplein 5

Amsterdam, 1082,

Netherlands

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Latest OLX Group News

OLX Brasil Rebranded as Grupo OLX

Sep 19, 2023

Share this Post: OLX has consolidated all the brands under its Brazilian classifieds operation under the new name Grupo OLX. The leading horizontal classifieds marketplace in Brazil, the now-named Grupo OLX includes real estate portals Zap Imóveis and VivaReal. The new branding will be unveiled at the Transamerica Expo Center in Sao Paulo on September 20, 2023. In a post on LinkedIn, Marcos Leite, CMO and general manager of real estate at Grupo OLX, said: "As part of this change, our real estate vertical ceases to position itself as ZAP+ and starts to write this history as OLX Group, translating the power of our connections, evidencing the strength of the three largest portals in Brazil, ZAP, Viva Real and OLX Imóveis, to further expand the real estate market, generating more value for our clients' businesses. "In these 13 years, we have transformed the way Brazilians consume second-hand products. In 2020, when we acquired the ZAP Group, we gained leadership in the real estate segment with the ZAP, Viva Real and OLX Imóveis portals. "The change to Grupo OLX expresses our vision and commitment to innovation and excellence." [Translated from Brazilian Portuguese] Meanwhile, Grupo OLX has also appointed Florence Scappini as its new VP of Marketing. In a post on her personal LinkedIn account, Scappini said she is "convinced that we will reach new levels of success and contribute to the continuous growth of OLX Brasil". Grupo OLX is a joint venture between Adevinta and Netherlands-based Prosus, and competes with unicorn Quinto Andar for the number-one spot in South America's biggest market. The good news for Grupo OLX is that it occupies the top two steps on the podium in terms of web traffic on its portals:

OLX Group Investments

9 Investments

OLX Group has made 9 investments. Their latest investment was in fyrtel as part of their Seed on June 6, 2022.

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OLX Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/22/2022

Seed

fyrtel

$0.89M

Yes

Allegro, CofounderZone, Movens Capital, OLX Group, Trustpilot, and Undisclosed Angel Investors

1

4/28/2020

Series E

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$99M

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10

3/25/2020

Series E

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$99M

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10

11/11/2019

Secondary Market

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10

11/11/2019

Series D

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$99M

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10

Date

6/22/2022

4/28/2020

3/25/2020

11/11/2019

11/11/2019

Round

Seed

Series E

Series E

Secondary Market

Series D

Company

fyrtel

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Amount

$0.89M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Allegro, CofounderZone, Movens Capital, OLX Group, Trustpilot, and Undisclosed Angel Investors

Sources

1

10

10

10

10

OLX Group Portfolio Exits

5 Portfolio Exits

OLX Group has 5 portfolio exits. Their latest portfolio exit was Avito on October 14, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/14/2022

Acq - Fin

$99M

2

3/28/2022

Spinoff / Spinout

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$99M

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10

1/6/2022

Acquired - II

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$99M

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10

10/9/2020

Merger

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$99M

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10

3/25/2020

Acquired

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$99M

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10

Date

10/14/2022

3/28/2022

1/6/2022

10/9/2020

3/25/2020

Exit

Acq - Fin

Spinoff / Spinout

Acquired - II

Merger

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

2

10

10

10

10

OLX Group Acquisitions

7 Acquisitions

OLX Group acquired 7 companies. Their latest acquisition was Obido on February 25, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/25/2021

$99M

Acquired

1

10/22/2020

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$99M

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10

10/7/2020

Private Equity

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$99M

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10

9/9/2020

Other

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$99M

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10

10/28/2019

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$99M

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10

Date

2/25/2021

10/22/2020

10/7/2020

9/9/2020

10/28/2019

Investment Stage

Private Equity

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

10

10

10

OLX Group Partners & Customers

5 Partners and customers

OLX Group has 5 strategic partners and customers. OLX Group recently partnered with Bad Habits on January 1, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

1/13/2023

Partner

Romania

Bad Habits becomes the social media agency for OLX Romania

The partnership between Bad Habits and OLX Group aims to develop the digital strategy and create content on TikTok , Instagram , Facebook and new channels .

1

12/21/2021

Vendor

Romania

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10

8/28/2019

Partner

South Africa

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10

2/21/2019

Partner

Estonia

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10

11/14/2018

Partner

Pakistan

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10

Date

1/13/2023

12/21/2021

8/28/2019

2/21/2019

11/14/2018

Type

Partner

Vendor

Partner

Partner

Partner

Business Partner

Country

Romania

Romania

South Africa

Estonia

Pakistan

News Snippet

Bad Habits becomes the social media agency for OLX Romania

The partnership between Bad Habits and OLX Group aims to develop the digital strategy and create content on TikTok , Instagram , Facebook and new channels .

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Sources

1

10

10

10

10

OLX Group Team

31 Team Members

OLX Group has 31 team members, including , .

Name

Work History

Title

Status

Fabrice Grinda

Founder

Current

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Name

Fabrice Grinda

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Work History

Title

Founder

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Status

Current

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