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Share Market Highlights 10 May 2024: Sensex and Nifty rebound, led by Reliance Industries, ITC, Bharti Airtel

Share Market Highlights 10 May 2024: Sensex and Nifty rebound, led by Reliance Industries, ITC, Bharti Airtel
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CarTrade Technologies open to further acquisitions to fast-track expansion plans, ET Auto

Cartrade: The integration with OLX, CEO Vinay Sanghi said, has also helped more than double the average number of unique visitors to 68 million per month, with 90% of these coming in organically. While auto still continues to comprise 80% of revenues at the Group, Sanghi said the focus will also be on expanding non-auto business verticals going ahead.

CarTrade Technologies open to further acquisitions to fast-track expansion plans

The integration with OLX, CEO Vinay Sanghi said, has also helped more than double the average number of unique visitors to 68 million per month, with 90% of these coming in organically. While auto still continues to comprise 80% of revenues at the Group, Sanghi said the focus will also be on expanding non-auto business verticals going ahead.

CarTrade to shut down auto sales business of OLX - The Hindu BusinessLine

CarTrade to shut down auto sales business of OLX - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

CarTrade To Shut Down Auto Sales Business Of OLX

CarTrade Technologies, which recently acquired Sobek Auto India Pvt. Ltd. for a considerable INR 535.54 Crores, has announced the shutdown of its Customer-to-Business (C2B) operations. This is a significant strategic decision. This action was taken just two months after Sobek Auto India was acquired, together with the C2B transaction and classifieds businesses of OLX Autos.

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