OXL Shuts Down Offices in Nigeria, Ghana and Kenya

I am certain you lot mightiness accept heard virtually the term OXL. Well it’s 1 of the pop online stores where people sales their used (second hand) products peculiarly mobile phones, electronic devices, dwelling appliances in addition to of course of report cars.

Now, the bad economical status which is affecting Africa in addition to almost all component of the give-and-take has hitting the online store. Just every bit Efritin collapsed, OXL has collapsed in addition to has near downward operations inwards Nigeria, Republic of Ghana in addition to Republic of Kenya which are where they recorded biggest marketplace penetration.

Meanwhile, OLX, an online global marketplace house alongside physical presence inwards to a greater extent than than xl countries, that gives everyone an chance to brand coin yesteryear selling whatever old/new stuffs you lot don’t similar or don’t desire to operate 1 time again has left the building.

According to the master copy intelligence nosotros heard, Naspers (Multinational media grouping in addition to investor) has allegedly near downward all OLX offices inwards Africa except the 1 inwards South Africa. Operations inwards Ghana, Nigeria in addition to Republic of Kenya are going to live affected yesteryear this announcement.

Staff inwards these offices accept been informed in addition to are expected to fully deed out yesteryear the halt of March 2018.

According to the CEO of OLX inwards Asia, Middle East in addition to Africa alleged that OLX has indeed been near downward inwards Nigeria simply no advert of Republic of Kenya in addition to Ghana.

“We made a hard simply of import conclusion inwards Nigeria to consolidate our operations betwixt around of our offices internationally.

Our marketplace volition proceed to operate hither — uninterrupted — every bit it has since 2010, in addition to nosotros rest committed to the many people hither who operate our platform to purchase in addition to sell every month. We proceed to live focused on constantly innovating to brand certain that OLX remains the transcend classifieds platform inwards the country.

Of course, nosotros are committed to helping our affected colleagues during this transition in addition to accept already offered them meaningful fiscal in addition to other support. As we’ve expressed to them directly, nosotros are extremely grateful for their many important contributions to OLX’s success.”

Now nosotros accept exclusively 1 online marketplace house where you lot tin move purchase in addition to sell old/new materials for physical cash. How did Jiji.ng induce produce to live on this economical harsh condition?

Note:

Naspers are investors inwards MultiChoice operators of the DStv in addition to GOtv satellite televisions in addition to the lately acquired Konga.

Ref: conception village.