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OLX Group continues strong performance as motors, real estate and jobs drive growth
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NEWSDECK ANALYSIS
OLX Group is a global online classifieds leader with operations in seven markets, offering a range of services including motors, real estate, and jobs listings. The company's financial performance is closely watched as a indicator of the health of the online classifieds sector, which has experienced significant growth in recent years. As a wholly-owned subsidiary of Prosus, OLX Group's results also reflect the broader performance of its parent company's portfolio of technology investments.
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OLX Group continues strong performance as motors, real estate and jobs drive growth
OLX Group (“OLX”), a global online classifieds leader with nearly 60 million daily listings across seven markets1 and a wholly-owned subsidiary of Prosus, has reported strong financial results for the full year ended 31 March 2026. Strong global revenue growth of 28% (16%)2 year-on-year to $992 million. Adjusted EBITDA increased 53% (38%) year-on-year, with margins [...]
29 Jun, 08:04
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