OLX was acquired by Naspers Limited in August 2010.
Headquartered in New York City, NY and Buenos Aires, Argentina, OLX is the next generation of free online classifieds and auctions, providing a more local service on a global level. OLX offers jobs, housings, goods and services, personals, events, community, and more. Revenue is generated by advertising on the site; not listing fees. OLX will create a portal that is more efficient, adaptable, and advanced than any of its competitors. OLX will allow users from many countries to experience the benefits of free online classifieds in any language.