OLX Nigeria Buys Over Closest Competitor, Tradestable

Leading free classifieds ad site, OLX Nigeria, has expanded its platform with the acquisition of Tradestable, its closest competitor in Nigeria. The buying over of Tradestable was completed recently in Lagos after a series of negotiations.

Information gathered by Aproko247 confirmed that OLX Nigeria acquired the company in order to satisfy its numerous visitors, who throng the trusted website for the sale and purchase of items online.

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With this, existing and prospective users of OLX Nigeria now have access to a bigger and more diversified platform.

A statement from OLX Nigeria reveals that combining both platforms will make it faster and easier than ever for users to trade and turn their items into cash. The statement added that, the acquisition would also give consumers access to more variety in products and services.

Commenting on the development, the Country Manager, OLX Nigeria, Lola Masha stated that with the acquisition, users would be able to choose from a wider selection of items and be more successful in selling their own items to a larger audience of buyers.

“At OLX Nigeria, we are committed to developing a high quality, online market place for consumers wanting to buy and sell across multiple categories including vehicles, mobile phones and electronics.
“OLX is excited about the opportunity to provide an improved classified platform with a broader product selection for buyers and sellers. We have a longterm commitment to our Nigerian users and we warmly welcome Tradestable users to OLX,” Masha said.
She also assured buyers and sellers who had been transacting business on the Tradestable platform that the acquisition would not only provide a wider and larger audience of buyers and sellers, but would allow them to benefit from product and customer service improvements on OLX Nigeria.

Masha noted that in less than three years of its launch in Nigeria, OLX has become a household name for consumer-to-consumer trade.

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