OLX Philippines merge with carousell for 10% share


Olx philippines an online market place operating in the Philippines since .. . They merged with the singaporian carousell , that merge was completed in July 2019.

Olx.ph merged all their operations in the Philippines and listings with carousell for 10% share. After meging the new website domain became carousell.ph.

Meging means mixing the commercial and market capabilitis of OLX philippines with the hig tech of carousell , as their experts said. So merging will give the users better experience and more options to sell or buy online.

About OLX

OLX is an online marketplace for buying and selling  , owned by South African media and technology group Naspers. It founded in 2006 and operating in 45 countries. It started in the Philippines by merging between OLX and Ayos Dito , that merge was on 2015.

The deal

The total deal between carousell and olx was worth 56 million USD , and OLX Group acquired a 10 percent stake share in Carousell. Carousell said they acquired OLX Philippines, with a goal of serving the Filipino community with greater ease and flexibility to buy and sell online.

Carousell users reviews

As it is new in the Philippines , users reviews are expected to be not much. From rewiews for 34 users , I found that satisfaction still low , that maybe due to lack familiarization with the new patform in the Philippines.

Merge between OLX philippines , the known online market place and Carousell the singaporian global  online platform was completed this July. Why did they merge? What users can get from the merge?
Screen capture from https://www.sitejabber.com/reviews/carousell.com
Another review about carousell company from glassdorr

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