OLX Invests in Edeng, One of China's Leading Free Online Classifieds Site
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 (http://www.fabricegrinda.com/?p=256). The other way has been through acquisitions.
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: