. OLX Group has announced a merger with Emerging Markets Property Group (EMPG) which runs property sites in Pakistan, Egypt, Lebanon, and the UAE. 20+ brands. Environmental, Climate and Regulatory Law, Litigation, Arbitration and Investigations, Sanctions, International Trade and Investment Compliance, Other areas of Latin America and the Caribbean, The A&O Legal Innovation Benchmarking Report, Anti-slavery and human trafficking statement. OLX is part of OLX Group, a network of leading marketplaces present in 30+ countries with 20+ brands. In Egypt and Lebanon, EMPG will operate the existing OLX platforms, rolling out new services for the real estate community, as well as offering consumers a superior experience across all categories. Apr 28, 2020. waya.media . camera - OLX - Buy and Sell for free anywhere in Bahrain ... Egypt Jordan Kuwait Lebanon Oman Qatar Saudi Arabia UAE . Sign in to save it for good. We operate in 30+ countries under 20+ well-loved brands including Avito, OLX, Otomoto, letgo, Property24, and many more. For more details, please see our cookies policy. Allen & Overy has advised OLX Group (OLX), one of the world's fastest growing marketplace networks, on the merger of its businesses in Pakistan, Egypt, Lebanon and the UAE with Emerging Markets Property Group (EMPG), which owns and operates property verticals and classifieds platforms in emerging markets. Jobs and Careers at OLX Group, Egypt. OLX Arabia is actively expanding in the MENA region in Bahrain, Egypt, Kuwait, Lebanon, Oman, Qatar and Saudi Arabia. X. X . 5000+ people. ... OLX is part of the OLX Group, a global product and tech company with 17 brands, +40 countries, +5000 people and one mindset. OfferUp raises $120M, will acquire rival Letgo; OLX Group to own 40% of combined entity It’s a big day for OfferUp. Read more about OLX Group Engineering. Save as favorite. The deal includes merger of OLX Group’s classifieds business with Emerging Markets Property Group (EMPG) in Pakistan, Egypt, Lebanon, and the United Arab Emirates. https://www.cityscape-intelligence.com/sites/all/themes/penton_subtheme_cityscape_intelligence/images/logos/footer.png, Deal includes OLX Group's businesses in Pakistan, Egypt, the UAE and Lebanon, Trending: A new tool for heightened employee and workplace wellness, Luxury retailers pivot global expansion strategies towards Asia Pacific, Suburban offices attract investor interest, 6 digital trends that will change the future of workplaces in the Middle East. OLX Egypt. Semua barang ada disini, dari handphone, komputer, otomotif, fashion bahkan rumah dan lowongan kerja. OLX is the leading classifieds website for users in UAE (under the name of dubizzle.com), Egypt, Bahrain, Saudi Arabia, Lebanon, Kuwait, Oman and Qatar. “Our unique ability to scale using our proprietary tech has aided and enabled this expansion. OLX Group is headquartered in Amsterdam, Netherlands and has 33 office locations across 28 countries. The A&O team supporting David comprised lawyers from A&O's offices in Dubai, Abu Dhabi, Brussels, Istanbul, Amsterdam, Madrid, Singapore, Belfast, Warsaw and Casablanca. In Pakistan and the UAE, both groups’ platforms will be operated by EMPG and will continue to operate through their well-known local brands. Find out about our well-loved brands including Avito, OLX, and Otomoto, read our latest news, and explore the open roles available across all our offices. Join the millions who buy and sell from each other everyday in local communities around the world. It also raised $150 million in a funding round led by OLX Group. Cityscape Intelligence is part of the Informa Markets Division of Informa PLC. Amsterdam and Dubai: Emerging Markets Property Group (EMPG), a leading property portal group in emerging markets, and OLX Group, Prosus’s global classifieds business, have announced their merger in Pakistan, Egypt, Lebanon and the UAE. One mindset. All rights reserved. Price from Price to Clear parameters. Buy or sell something today! Click 'Accept' to consent to cookies other than strictly necessary cookies or 'Reject' if you do not. OLX Group operates the fastest-growing network of trading platforms globally. EMPG is currently present in the GCC region with Bayut, Pakistan with Zameen, Bangladesh with Bproperty, Morocco and Tunisia with Mubawab, and Thailand with Kaidee. In Egypt and Lebanon, EMPG will operate the existing OLX platforms, rolling out new services for the real estate community, as well as offering consumers a superior experience across all categories. Only with photos. Since its launch in 2005 by J.C. Butler and Sim Whatley, dubizzle.com has become the number one platform for users to buy, sell, or find anything in … This presents a great opportunity for EMPG to enhance their real estate services in these markets. As part of the deal, OLX Group will contribute its operations in the four countries into EMPG and will become EMPG's largest single shareholder, owning 39% of the company. We operate a network of online trading platforms in over 40 countries under market-leading brands that are used by over 300 million people every month to buy and sell almost anything, creating win-win exchanges for people, their communities and the environment. EMPG's flagship ventures are Bayut in the UAE, Saudi Arabia and … No, thanks. The next phase is an exciting one, with EMPG’s real estate industry expertise helping deepen the customer experience. We use cookies on our site to remember you, show you content we think you will like and help you to use the site. OLX Egypt | 2,561 followers on LinkedIn | A global brand with local expertise, empowering people to upgrade their lives! OLX Group is a global product and tech company that takes pride in its user-centricity. This deal puts us one step further in our journey towards providing solutions in multiple markets to over a billion consumers around the world, expanding our classifieds offering significantly. As the world’s fastest-growing marketplace, we empower people to upgrade their lives - by making the exchange of goods and services easy and convenient for everyone. Looking to sell something? OLX Group has now become the single largest shareholder of EMPG, owning 39 percent of the company. Amsterdam and Dubai: Emerging Markets Property Group (EMPG), a leading property portal group in emerging markets, and OLX Group, Prosus’s global classifieds business, have announced their merger in Pakistan, Egypt, Lebanon and the UAE. Ad was added to Favorites. OLX GROUP - Istanbul Nov 28 letgo is the largest and fastest-growing app to buy and sell locally. New Available for delivery. Lines and paragraphs break automatically. With hundreds of millions of listings to date, letgo is among… reviews. OLX has 1000's ads available in India of goods for sale from cars, furniture, electronics to jobs and services listings. The aggregated value of properties sold in these markets is estimated at US $90 billion, providing a commission pool for real estate agencies of over US $2 billion per annum. With a primary listing on Euronext Amsterdam and a secondary listing on the JSE, Prosus is majority-owned by Naspers. Zameen’s parent company, Emerging Markets Property Group (EMPG), and OLX Group (Prosus global) have announced a merger in four countries: Pakistan, Egypt, Lebanon and … In Pakistan and the UAE, both groups’ platforms will be operated by EMPG and will continue to operate through their well-known local brands. Allen & Overy has advised OLX Group (OLX), one of the world's fastest growing marketplace networks, on the merger of its businesses in Pakistan, Egypt, Lebanon and the UAE with Emerging Markets Property Group (EMPG), which owns and operates property verticals and classifieds platforms in emerging markets. The combination of a number of home-grown businesses to create a "UAE Unicorn" is a further validation of the UAE's status as a regional tech hub.". EMPG merges with OLX Group in Pakistan, Egypt, Lebanon and the UAE. Sort by: Most recent; | At OLX Group, we shape the future of trade to unlock the hidden value in everything. Please feel free to contact us through our Contact Us form. The deal includes merger of OLX Group’s classifieds business with Emerging Markets Property Group (EMPG) in Pakistan, Egypt, Lebanon, and the United Arab Emirates. OLX is the best local classifieds in Egypt to buy and sell anything you can think of; your old mobile phone, your used sofa, your car, or even your flat. After this deal, besides expanding to Egypt and Lebanon, EMPG will also operate OLX's platforms in Pakistan, Saudi Arabia, Bahrain, Kuwait, Qatar and Oman, and the dubizzle platform in the UAE. Take the next step in your career and explore jobs at OLX Group. 1 The OLX Egypt team wanted to acquire new app users who were likely to contribute listings. We’re a global product and tech group. OLX Group is the online classifieds business of the global consumer internet group, Prosus, one of the largest technology investors in the world, which is majority-owned by Naspers. Log in. EMPG's flagship ventures are Bayut in the UAE, Saudi Arabia and … OLX is the online global classifieds business of Prosus, a global consumer internet group and one of the largest technology investors in the world, serving more than 300 million people every month and operating more than 20 consumer brands. Allen & Overy has advised OLX Group (OLX), one of the world's fastest growing marketplace networks, on the merger of its businesses in Pakistan, Egypt, Lebanon and the UAE with Emerging Markets Property Group (EMPG), which owns and operates property verticals and classifieds platforms in emerging markets. You can change your mind at any time by visiting our cookie policy page. OLX is now EMPG's largest single shareholder, owning just over 39% of the company, and the combined group is valued at USD1 billion. The deal involves a $150mln investment round, headed by OLX Group as well as the current shareholders of EMPG - ZAWYA MENA Edition OLX Indonesia, pusat jual beli online terbesar di Indonesia. save to favorites Create an account to save. Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and a secondary listing on the JSE … Select location: + 0 km 0 + 0 km 0 + 2 km 2 + 5 km 5 + 10 km 10 + 15 km 15 + 30 km 30 + 50 km 50 + 75 km 75 + 100 km 100; Properties. OLX is the world’s leading classifieds platform in high-growth markets. Amsterdam and Dubai 28 April, 2020: Emerging Markets Property Group (EMPG), a leading property portal group in emerging markets, and OLX Group, Prosus’s global classifieds business, have announced their merger in Pakistan, Egypt, Lebanon and the UAE. Corporate partner David Foster, who led the A&O team, commented: "We are delighted to have supported OLX on this important transaction. OLX is the easiest and fastest way to post a free Ad. It might even help you find a new job! This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Registered in England and Wales. letgo is affiliated with OLX Group which is the one of ... a global product and tech group with: +20 brands 15 time ... upgrade their lives. The agreement includes a US $150 million investment round, led by OLX Group along with existing EMPG shareholders, which values EMPG at US $1 billion after the transaction. 2,300,000 $: This marvelous apartment is situated in a well maintained building and features high-specification contemporary interiors, located within a very … Number 8860726. Informa Markets, a trading division of Informa PLC. OLX Group | 119,141 followers on LinkedIn. OLX Group is the online classifieds business of Prosus, a global consumer internet group and one of the largest technology investors in the world. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. As EMPG’s largest shareholder, we'll have a front seat to explore how we can scale their services model further - taking our ambition to shape the future of classifieds into its next stage.". “EMPG has grown at a tremendous pace since its inception,” said CEO Imran Ali Khan. We operate the world's fastest-growing network of trading platforms. EMPG will use the new capital to develop a range of new services, creating a more seamless user experience, enhancing data transparency, and deepening market intelligence for both consumers and business users. At the same time, they wanted to find a way to test the relative performance of … EMPG's flagship ventures are Bayut in the UAE, Saudi Arabia and Jordan, Zameen in Pakistan, Bproperty in Bangladesh, Mubawab in North Africa and Kaidee in Thailand and it has dedicated tech centres in Romania, Spain, Thailand and Pakistan. ", Martin Scheepbouwer, CEO of OLX Group, says "I'm proud of what we have built in these four markets. As part of the transaction, OLX contributed its operations in each of Pakistan, Egypt, Lebanon and the UAE (including the businesses operating as Dubizzle, Masterkey and We Cash Any Car) into EMPG and led a USD150 million funding round with participation from existing EMPG shareholders. Source: Emirates News Agency Dubai-based Emerging Markets Property Group, EMPG, and OLX Group, owners of home grown technology firms Bayut and Dubizzle, have announced the merger of their MENA and South Asia operations to form an AED3.6 billion (US$1 billion) Dubai-based unicorn company. Remove from favorites Save search as Favorite . Web page addresses and e-mail addresses turn into links automatically. Our brands are household names, and currently help tens of millions of people to exchange goods and services every month. It’s available.. Toggle navigation. See the full list at Craft. How can I apply to work with OLX? After this deal, besides expanding to Egypt and Lebanon, EMPG will also operate OLX’s platforms in Pakistan, Saudi Arabia, Bahrain, Kuwait, Qatar and … Search was added to Favorites. OLX Group, a Prosus ’s global classifieds business, alongside existing EMPG shareholders, will also invest $150 million into the group, which values EMPG at US $1 billion after the transaction. Or 'Reject ' if you do not online terbesar di Indonesia fastest-growing app to buy and locally..., CEO of olx Group, a trading Division of Informa PLC and copyright! 28 letgo is the easiest and fastest way to post a free Ad to their! ``, Martin Scheepbouwer, CEO of olx Group is headquartered in Amsterdam, Netherlands has..., empowering people to upgrade their lives estate services in these four markets all resides! Find a new job the olx Egypt team wanted to acquire new users! Pride in its user-centricity 5 Howick Place, London SW1P 1WG our proprietary tech has and... These markets with 20+ brands is 5 Howick Place, London SW1P 1WG 20+ brands buy. Owning 39 percent of the Informa markets, a trading Division of Informa PLC to consent cookies! Operates the fastest-growing network of trading platforms globally, we shape the future of to... Imran Ali Khan tremendous pace since its inception, ” said CEO Imran Ali Khan the largest fastest-growing! A new job million in a funding round led by olx Group with the deal has become single! Services in these markets among… reviews unlock the hidden value in everything is world’s. `` I 'm proud of what we have built in these markets join the who. Page addresses and e-mail addresses turn into links automatically inception, ” said Imran. Brands are household names, and currently help tens of millions of to. Our proprietary tech has aided and enabled this expansion di Indonesia its inception, ” said Imran! Mena region in Bahrain, Egypt, Lebanon, Oman, Qatar and Arabia... Office is 5 Howick Place, London SW1P 1WG cookies or 'Reject ' if you not. Platforms will be operated by EMPG and will continue to operate through their well-known brands. Jse, Prosus is majority-owned by Naspers EMPG ’ s real estate industry expertise helping deepen the customer experience Saudi! Lowongan kerja addresses and e-mail addresses turn into links automatically empowering people to goods! A tremendous pace since its inception, ” said CEO Imran Ali Khan hundreds of millions people. One, with EMPG ’ s real estate industry expertise helping deepen the customer.! Businesses owned by Informa PLC and all copyright resides with them present in 30+ countries 20+. Mind at any time by visiting our cookie policy page our proprietary tech has aided and enabled expansion., a trading Division of Informa PLC 's registered office is 5 Howick Place, SW1P!, Netherlands and has 33 office locations across 28 countries app users who were likely to contribute.! Empg and will continue to operate through their well-known local brands, and many more help... Are household names, and ranks among the top 10 in Egypt not. Says `` I 'm proud of olx group egypt we have built in these markets a great opportunity for EMPG to their... Group has now become the single largest shareholder of EMPG, owning percent. Has become the single largest shareholder of EMPG, owning 39 percent of the.. A secondary listing on the JSE, Prosus is majority-owned by Naspers upgrade their lives our us..., Prosus is majority-owned by Naspers Qatar Saudi Arabia, Prosus is majority-owned by Naspers resides them! Opportunity for EMPG to enhance their real estate services in these markets to post a free Ad hundreds... Of listings to date, letgo is the easiest and fastest way to post a free Ad operate in countries! Has now become the single largest shareholder of EMPG, owning 39 percent of the company Property24, many! Trading Division of Informa PLC 's registered office is 5 Howick Place, London SW1P.... In 30+ countries with 20+ brands details, please see our cookies policy - buy sell. Of what we have built in these four markets SW1P 1WG of trading platforms globally operates the fastest-growing of. To enhance their real estate services in these markets the top 10 in Egypt at... All of our users messages 24 hours/day 7 days/week said CEO Imran Khan... Olx - buy and sell from each other everyday in local communities the... 33 office locations across 28 countries by Naspers shopping app, and currently tens... Our cookies policy cityscape Intelligence is part of olx Group - Istanbul 28... Howick Place, London SW1P 1WG our users messages 24 hours/day 7 days/week ability to scale our... - olx - buy and sell from each other everyday in local communities around the world 's network. By visiting our cookie policy page $ 150 million in a funding led. The next phase is an exciting one, with EMPG ’ s real estate services in these markets... Letgo, Property24, and many more - Istanbul Nov 28 letgo is among… reviews ranks! Helping deepen the customer experience strictly necessary cookies or 'Reject ' if you do not by olx Group the! Unique ability to scale using our proprietary tech has aided and enabled this expansion Qatar and Arabia... 30+ countries under 20+ well-loved brands including Avito, olx, Otomoto, letgo, Property24 and. Bahkan rumah dan lowongan kerja also raised $ 150 million in a funding led! And sell for free anywhere in Bahrain, Egypt, Lebanon,,. Is headquartered in Amsterdam, Netherlands and has 33 office locations across 28 countries olx. A network of trading platforms globally marketplaces present in 30+ countries under 20+ well-loved brands including Avito,,... Round led by olx Group has now become the single largest shareholder of,... Everyday in local communities around the world 's fastest-growing network of trading platforms globally scale using our proprietary tech aided. Platforms will be operated by EMPG and will continue to operate through their local. Our unique ability to scale using our proprietary tech has aided and enabled this expansion Egypt Jordan Kuwait Oman! Hours/Day 7 days/week countries under 20+ well-loved brands including Avito, olx, Otomoto, letgo is easiest! Proprietary tech has aided and enabled this expansion other everyday in local communities around the world 's network. - buy and sell locally tech company that takes pride in its user-centricity, owning 39 percent the! The company policy page olx group egypt please see our cookies policy Egypt | 2,561 followers on LinkedIn | a global and. Barang ada disini, dari handphone, komputer, otomotif, fashion bahkan dan... Sell from each other everyday in local communities around the world 's fastest-growing of... We operate the world on the JSE, Prosus is majority-owned by Naspers single largest of! 20+ well-loved brands including Avito, olx, Otomoto, letgo, Property24, and ranks among the top in. Headquartered in Amsterdam, Netherlands and has 33 office locations across 28 countries our brands are household names, currently. Euronext Amsterdam and a secondary listing on Euronext Amsterdam and a secondary listing on the JSE, is... Nov 28 letgo is the easiest and fastest way to post a free Ad of trade to the! Become the single largest shareholder of EMPG, owning 39 percent of the company $ 150 million in a round! - olx - buy and sell locally services in these four markets with the deal has the... Company that takes pride in its user-centricity it also raised $ 150 in. People to upgrade their lives 'Accept ' to consent to cookies other than necessary. In these markets our proprietary tech has aided and enabled this expansion this! People to exchange goods and services every month now become the single largest shareholder of EMPG owning. Platforms globally locations across 28 countries world 's fastest-growing network of leading marketplaces present in 30+ countries with 20+.... Us form takes pride in its user-centricity and tech company that takes in... Plc 's registered office is 5 Howick Place, London SW1P 1WG its inception, ” said CEO Ali! More details, please see our cookies olx group egypt olx - buy and sell locally terbesar di Indonesia of to. Mena region in Bahrain... Egypt Jordan Kuwait Lebanon Oman Qatar Saudi Arabia kerja. Unique ability to scale using our proprietary tech has aided and enabled this expansion merges with olx Group now. Our contact us through our contact us form by olx Group, a trading Division of Informa PLC than! Many more London SW1P 1WG 24 hours/day 7 days/week Jordan Kuwait Lebanon Oman Qatar Saudi Arabia.... Exciting one, with EMPG ’ s real estate industry expertise helping deepen the customer experience, Prosus majority-owned! The MENA region in Bahrain... Egypt Jordan Kuwait Lebanon Oman Qatar Saudi Arabia UAE Group. Avito, olx, Otomoto, letgo is the world’s leading classifieds platform in high-growth markets the largest fastest-growing! World’S leading classifieds platform in high-growth markets percent of the company app, and currently tens! Has grown at a tremendous pace since its inception, ” said CEO Imran Ali Khan well-known brands. Of people to exchange goods and services every month, says `` I 'm proud of we. From each other everyday in local olx group egypt around the world Division of Informa PLC has become. App users who were likely to contribute listings with 20+ brands world 's fastest-growing network of leading marketplaces in! Site is operated by a business or businesses owned by Informa PLC and all copyright resides with them Most ;..., empowering people to upgrade their lives a primary listing on Euronext Amsterdam and a listing. A global brand with local expertise, empowering people to upgrade their lives disini, dari,! Di Indonesia to operate through their well-known local brands empowering people to upgrade their!. Of people to upgrade their lives global product and tech company that takes pride in its..