OLX
Encyclopedia
OLX is an internet
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...

 company based in New York City, NY and Buenos Aires, Argentina. There revenues was in 2010 to 2011 is $45m.The OLX website hosts free user-generated classified advertisements for urban communities around the world and provides discussion forums sorted by various topics.

OLX gained prominence upon announcing a partnership with Friendster
Friendster
Friendster is a social gaming site that is based in Malaysia, KL. The company now operates mainly from the three Asian countries namely in the Philippines, Malaysia and Singapore....

, the social networking website. The story was covered by dozens of media publications, including the New York Times, and was a topic of debate among bloggers.

The company was co-founded in March 2006 by Internet entrepreneurs Fabrice Grinda
Fabrice Grinda
Fabrice Grinda is a French entrepreneur, investor and self-styled "renaissance man"Born in Boulogne-Billancourt, France, Fabrice spent his early childhood in New York. His family migrated back to France and he attended high school in Paris and Nice...

 and Alec Oxenford.

Media Coverage & Recognitions

In August 2009, OLX was named a good competitor to Craigslist
Craigslist
Craigslist is a centralized network of online communities featuring free online classified advertisements, with sections devoted to jobs, housing, personals, for sale, services, community, gigs, résumés, and discussion forums....

 in the United States by TechCrunch
TechCrunch
TechCrunch is a web publication that offers technology news and analysis, as well as profiling of startup companies, products, and websites. It was founded by Michael Arrington in 2005, and was first published on June 11, 2005....

.

In December 2009, OLX Inc. was named a rival to Craigslist by BusinessWeek
BusinessWeek
Bloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...

.

In December 2009, OLX's Co-CEO, Fabrice Grinda appeared on Le Web Paris 2009.

In January 2010, OLX was named one of New York City's 10 hottest tech startups by amNY.

In August 2010, OLX was named Finalist in Lead411's New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

Hot 125.
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