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Is dubizzle owned by Olx?

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Is dubizzle owned by Olx?

EMPG and OLX Group, Owners Of Dubai-Based Bayut And Dubizzle Respectively, Merge To Form Unicorn Company. 6 billion (US$1 billion) Dubai-based unicorn company. Shutterstock.com. The agreement includes an AED550 million (US$150 million) investment round, led by existing EMPG shareholders and OLX Group.

Who bought dubizzle?

Naspers
Now that Dubizzle has been fully acquired by Naspers, a South Africa-based investor through its subsidiary OLX Group, for $190 million, the UAE-based e-commerce platform got valued at $400 million.

Did bayut buy dubizzle?

Bayut and dubizzle: Highlights from the Stronger Together webinar. In April 2020, Bayut’s parent company EMPG announced a merger with OLX’s businesses in many key markets including Pakistan, Lebanon, Egypt as well as dubizzle in the UAE.

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Is Olx Chinese app?

OLX Group is a Dutch-domiciled online marketplace headquartered in Amsterdam. The OLX consumer brand originated as OnLine eXchange in 2006.

When was dubizzle created?

2005
dubizzle/Founded

How does dubizzle make money?

Dubizzle is an online classified website offering buy and sell services in UAE. It’s a free Advertisement website where business owners can sell and buy different services or can reach out to potential customers around the world. Here you buy billboards, flex, and run a different advertisement on TV channels.

Who is the CEO of dubizzle?

Haider Ali Khan
Dubizzle, the Dubai-based listings site, has appointed Haider Ali Khan as CEO.

How do I sell my car on Dubizzle?

Used Car Valuation Online

  1. Go to ‘sell my car’ section on dubizzle and enter the required details.
  2. Get a price estimate for your car model along with other useful information.

What happened to OLX?

The biggest online marketplace just got bigger and better!

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Who is JC Butler?

J.C. Butler was a co-founder of the UAE-based Dubizzle website. For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

What is the net worth of dubizzle?

UAE-based online classifieds website dubizzle has been fully acquired by the OLX Group, a subsidiary of South Africa-based investor Naspers, placing it at a value of $400 million, based on external calculations.