OLX Expands Platform with Tradestable Acquisition

Lagos, Nigeria: 27 March, 2015
Existing and prospective users of OLX Nigeria, the leading free classifieds ad site,
now have access to a bigger and more diversified platform, following the
company’s acquisition of Tradestable, its closest competitor in Nigeria.
A statement from OLX Nigeria reveals that, combining both platforms will make it
faster and easier than ever for users to trade and turn their items into cash.
The statement added that, the acquisition would also give consumers access to
more variety in products and services.
Commenting on the acquisition, the Country Manager, OLX Nigeria, Lola Masha
stated that with the acquisition, users would be able to choose from a wider
selection of items and be more successful in selling their own items to a larger
audience of buyers.
In her words, ‘‘At OLX Nigeria, we are committed to developing a high quality,
online market place for consumers wanting to buy and sell across multiple
categories including vehicles, mobile phones and electronics.
“OLX is excited about the opportunity to provide an improved classified platform
with a broader product selection for buyers and sellers. We have a longterm
commitment to our Nigerian users and we warmly welcome Tradestable users to
OLX.’’
She also assured buyers and sellers who had been transacting business on the
Tradestable platform that, the acquisition would not only provide a wider and
larger audience of buyers and sellers, but would allow them to benefit from
product and customer service improvements on OLX.
She noted that in less than three years of its launch in Nigeria, OLX has become a
household name for consumertoconsumer
trade, where people can discover
buying and selling opportunities that can help them achieve success, earn a little
extra cash and get a good bargain.
OLX operates as a nationwide
online classifieds market place for used goods such
as cars, mobile phones, electronics, furniture, musical instruments, sporting goods,
kids and baby items, motorcycles, cameras, property and much more.