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TMCNet:  OLX Opens New Public Kiosks for Exchanging Goods in Brazil

[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)

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 OLX.

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.

About OLX

OLX 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.


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