|[February 12, 2014]
OLX Opens New Public Kiosks for Exchanging Goods in Brazil
NEW YORK & RIO DE JANEIRO --(Business Wire)--
OLX, the most popular online classifieds site in fast-growing markets
around the world, today announced the opening of new kiosks in Rio de
Janeiro, Brazil, where buyers and sellers can meet to securely and
publicly exchange goods. OLX has 123 million unique monthly visitors in
107 countries worldwide, including Brazil.
An OLX kiosk in use. (Photo: Business Wire)
OLX allows users to easily buy and sell used goods and services such as
electronics, furniture, household items, cars and bikes through its
localized, consumer-to-consumer online marketplace. The new kiosks,
situated around the city in locations like the bustling Carioca subway
station, are part of OLX's innovative efforts to help users in Brazil
comfortably transfer goods between one another.
"As the online classifieds marketplace continues to grow, we want to
make sure our users realize that there are multiple simple, secure ways
to omplete their transactions," said Alec Oxenford, co-founder and CEO
of OLX. "These kiosks serve as a great place to bring together our vast
network of buyers and sellers in Brazil, and educate the public about
the benefits of the used goods economy."
The OLX kiosks will serve as convenient public venues for consumers to
exchange items in Brazil, where the concept of buying and selling used
goods is unfamiliar to many. Rather than arranging to meet at an
arbitrary location, users have the option to gather and conduct their
transactions at the designated kiosks, which are located in popular,
high-traffic areas. In addition to providing a central meeting place,
the kiosks also offer tips for users buying and selling used goods on
Until recently, there was little demand for a used good marketplace in
Brazil. In the last few years, however, the country has seen a dramatic
increase in the use of classifieds. According to comScore (News - Alert), usage has
risen 450 percent in the last year alone.
OLX has quickly become the dominant online classifieds player in
emerging markets around the world, including Brazil, where it enjoys a
majority of market share, widespread recognition, and has more than 4.9
million Facebook (News - Alert) fans. OLX's presence in Brazil continues to expand; the
company has seen a 200 percent increase there in new daily listings year
on year, more than any other classifieds service in Brazil.
offers a free, fast and hyper-local way for people to buy, sell or
exchange used goods and services, by simply posting a free ad on the
website. Every month, millions of people around the world buy and sell a
wide range of products including household items, furniture, consumer
durables, musical instruments, cars & motorcycles, electronics &
mobiles, property and local services on OLX.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140212006159/en/
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