Demand for pre-owned goods remained unabated during Covid-19: OLX India
March 14, 2021
File photo - @OLX India×
OLX has recorded an increase of 35 per cent in demand from buyers in the year 2020 over 2019
Classifies platform OLX has witnessed high demand for pre-owned goods throughout 2020, despite the Covid-19 pandemic, the company has said.
According to an official release by OLX, “a comparison of buyers and sellers data on the platform for 2020 versus 2019 reveals a strong growth trajectory of buyers throughout all quarters in the year over the previous one.”
The demand for used goods on the platform has outpaced the demand for new goods, driven primarily by consumers in non-metro markets. It has also witnessed an increase in listings by sellers from non-metros in the second half of 2020 especially for goods such as laptops, fridges and air conditioners.
OLX Autos unveils new web & mobile platform for pre-owned car trade in India Buyers will now be able to purchase a pre-owned car in 2 ways: either on the OLX app directly from another buyer or via the OLX Autos stores by
Updated: Feb 17, 2021 5:08 PM
OLX Group recently announced the merger of its online and offline marketplaces to launch OLX Autos in India, has unveiled a new web & mobile platform designed to bring a new level of innovation and convenience to pre-owned car trading in India for dealers & consumer alike.
As a pre-owned car marketplace with 80% market share, OLX Autos has introduced many new features backed by artificial intelligence that is driven towards improving the trust & building a cohesive platform catering to India’s largely fragmented pre-owned car ecosystem. The newly unveiled OLX Autos product platform marks a significant departure from OLX’s erstwhile existing product experience across its web & mobile platfor
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OLX scams are increasing day by day.
In the world of internet, we can get things done in just a snap. While it offers an added convenience, the internet is also a scary place to be in. Cybercrime has been increasing day by day and fraudsters are finding new ways of scamming people. In this article, we will be looking at an OLX related scam.
In such frauds, the fraudster usually posing as an Army/Paramilitary personnel, contacts the person who is trying to sell a product on websites or apps such as OLX and Quikr. He goes through a conversation that seems legit to the victim. Once both the parties have agreed to a certain price, the fraudster claims that he is posted in some inaccessible area of the country and hence, can neither come to take the physical delivery nor can he pay the money in cash.Â