In a recent post, I explained how one of the ways that OLX has grown was to partner with other sites to run their classifieds channel ( The other way has been through acquisitions.

We acquired Mundoanuncio ( in October 2006 to establish ourselves in the Hispanic market. We just invested in Edeng ( establish ourselves in China.

It’s still too early to tell whether OLX will be a success, but both strategies are seemingly working well.

You can see the press release at:

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