Business OLX Acquires Main Competitor 'TradeStable'

  • Thread starter Thread starter LequteMan
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LequteMan

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It seems OLX has bought over its closest competitor, TradeStable, and is redirecting all traffic from the Tradstable site back to it.

This shock development arises as financiers of the two companies (Schibsted and Naspers) never mentioned a merger in the works between the two companies in Nigeria despite having done same in four different countries.

A visit to TradeStable.com makes news of the merger more convincing as you’re greeted with a notice of the takeover and a redirection to OLX’s website.

This probably means that we can expect to see more such partnerships in countries where both OLX and Schibsted are present

#Nigeria #OLX #TradeStable

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