Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

Africa Emerges As Global iGaming Fraud Hotspot As Suspicious Transactions Surge, Sumsub Report Reveals

2026-07-20

By investing $15 a day, MoneySimpler can give you a second income of $3,000 per month

2026-07-20

Five Gambling Myths That May Bankrupt You

2026-07-20
Facebook X (Twitter) Instagram
Trending
  • Africa Emerges As Global iGaming Fraud Hotspot As Suspicious Transactions Surge, Sumsub Report Reveals
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Breaking News»OLX reaches 240m active users
Breaking News

OLX reaches 240m active users

Gugu LourieBy Gugu Lourie2015-06-29No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

By Gugu Lourie

Naspers announced on Monday that OLX – the world’s leading classifieds platform focused on emerging markets, both mobile and online – has reached 240 million active users worldwide and garnered 34m visits per day on average, a growth of 33% year on year.

The company said globally about 54% of traffic comes from mobile and, in some markets, it is more than 80%.

OLX operates globally and is present in more than 40 countries.

“We stepped up focus on 40 classifieds markets globally, all showing good user and listings growth,” Naspers said on Monday.

The South African-based conglomereate also concluded various agreements with Schibsted ASA Media Group, Telenor Holdings ASA and Singapore Press Holdings Limited, covering classifieds assets in Latin America, Southeast Asia and Eastern Europe.

“This should improve both our service to consumers and the outlook of our classifieds platforms in these regions,” said Naspers.

BoxOffice continues to grow

Competition from international online players with global reach, such as Netflix, Amazon and Google, is increasing.

Naspers said MultiChoice is investing in its online offering, expanding its delivery platforms and improving products and services.

It added that the DStv Explora (personal video recorder) is a significant differentiator and became internet-connected in November 2014.

“Our “TV everywhere” strategy gained traction with the launch of DStv Now. Connected services allow customers access to a greater selection of entertainment on their tablet or smartphone – anywhere, anytime,” the company said. “Home movie rentals were made available to all DStv customers through BoxOffice, the video-on-demand service, which is now available in 11 African countries. Average monthly rentals tally around 600 000.”

The focus on producing home-grown content tailored to specific audience preferences was given a boost in Nigeria and Kenya, with new local studios stimulating local productions. The company said in South Africa over R2 billion was spent on local sport and content.

  • Email TechFinancials.co.za at: [email protected]

 

 

 

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Gugu Lourie
Gugu Lourie

Related Posts

Zakhaa Pay Unveils Leruo NFC Wristband | Cashless Payments For SA’s Informal Sector

2026-07-20

iiDENTIFii Appoints Marco Wagener As CEO As AI Reshapes Identity Fraud

2026-07-20

SA FinTech Float Exports Card-Linked Instalment Innovation To The UK

2026-07-08

South African AI Coding Startup HyperDev Secures R16 Million Pre-Seed Funding Amid Explosive User Growth

2026-07-06

Insurers Grapple With New Fraud Threat: AI-Generated Images

2026-06-30

PIC Refers Acupulco Matter to Buy Stake In Lanseria Airport To SIU

2026-06-22

SA’s Greatest Strength Is Unity In Crisis. Now Joburg Needs Business, Government And Citizens To Fix The City

2026-06-08

Bitcoin, Capital And Conflicting Judgments: Where Does The Industry Stand?

2026-06-02

South Africa’s Growth Needs Logistics & Export Reform To Fight Unemployment

2026-05-25

No Comments

  1. a fantastic read on 2016-04-08 03:51

    I simply want to mention I am just very new to blogs and really liked you’re web site. Likely I’m planning to bookmark your blog . You surely come with terrific articles and reviews. Thanks for sharing with us your blog site.

    Reply
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Zakhaa Pay Unveils Leruo NFC Wristband | Cashless Payments For SA’s Informal Sector

South African fintech startup Zakhaa Pay has unveiled the Zakhaa Pay Leruo NFC Wristband, an…

iiDENTIFii Appoints Marco Wagener As CEO As AI Reshapes Identity Fraud

2026-07-20

SA FinTech Float Exports Card-Linked Instalment Innovation To The UK

2026-07-08

South African AI Coding Startup HyperDev Secures R16 Million Pre-Seed Funding Amid Explosive User Growth

2026-07-06
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

Share Doesn’t Mean Surrender. Personal Info Revisions Needed To Digital ID Rules

2026-07-20

Policy Credibility Has Built More Resilience In South Africa’s Economy

2026-07-20

Amazon Leo Names Herotel, Maziv As Distributors In Starlink Battle

2026-07-15

Eskom Launches Eskom Green, A Dedicated Renewable Energy Business

2026-06-09

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

Africa Emerges As Global iGaming Fraud Hotspot As Suspicious Transactions Surge, Sumsub Report Reveals

2026-07-20

By investing $15 a day, MoneySimpler can give you a second income of $3,000 per month

2026-07-20

Five Gambling Myths That May Bankrupt You

2026-07-20
Recent Posts
  • Africa Emerges As Global iGaming Fraud Hotspot As Suspicious Transactions Surge, Sumsub Report Reveals
  • By investing $15 a day, MoneySimpler can give you a second income of $3,000 per month
  • Five Gambling Myths That May Bankrupt You
  • Tracey Ullman, Sam Spruell And Jerome Flynn Join The Season Two Cast Of Fx’s “Alien: Earth,” Coming To Disney+
  • Share Doesn’t Mean Surrender. Personal Info Revisions Needed To Digital ID Rules
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.