OLX Group

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OLX Group to invest up to $400m in Berlin-based online car marketplace Frontier Car Group

OLX Group, a Prosus company, has announced that it is looking to invest up to $400 million in Berlin-based online car marketplace Frontier Car Group.

Naspers concludes acquisition of AutoTrader and merges it with OLX

South Africa's online automobile marketplace, AutoTrader, has officially merged with OLX Group. Both digital companies are owned by South African technology and media investment company, Naspers. Earlier in September 2017, Naspers tabled its offer to acquire AutoTrader. "We bring the expertise from the niche verticals of car, truck, commercial,