OLX Brasil
Agriculture · Brazil · 142 Employees
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About
Headquarters
359 Rua Do Catete Flamengo, Rio de Janeiro, Rio...Phone Number
+55 1145090990Website
www.olx.com.brRevenue
$29.2 MillionIndustry
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OLX Brasil News & Media
Adevinta and Prosus’ JV OLX Brasil Appoints New Chief Executive Officer - Olivier Aizac takes over from Andries Oudshoorn
São Paulo and Oslo, 1 June 2023 - OLX Brasil, one of the leading buying and selling online platforms in Brazil, in agreement with its shareholders, Prosus and Adevinta, welcomes the arrival of Olivier Aizac as Chief Executive Officer (CEO). Aizac takes over from Andries Oudshoorn, effective today.Adevinta ASA (ADE) - OLX Brazil completes the acquisition of 100% of Grupo ZAP
Amsterdam, Oslo and Sao Paulo, 30 October 2020 - OLX Brazil, the 50/50 joint venture between Adevinta ASA (OSE: ADE) and Prosus NV (AMS: PRX), announces today that it has completed the acquisition of Grupo ZAP, announced in March, for a total cash consideration of approximately R$2.9 billion. The investment has been equally financed by OLX Brazil’s two shareholders. The transaction received regulatory approval on 1 October by Cade, the Brazilian antitrust authority. As ofSchibsted ASA (SCHA/SCHB) – Schibsted's subsidiary Adevinta ASA announces that OLX Brazil has entered into an agreement to acquire Grupo ZAP and strengthen its position in the real estate segment in the country
Today, Schibsted's subsidiary Adevinta announced that OLX Brazil, the 50/50 joint venture between Adevinta ASA (OSE: ADE) and Prosus NV (AMS: PRX), and one of the fastest growing tech companies in Brazil, has entered into an agreement to acquire 100 percent of the shares of Grupo ZAP for a total cash amount of approximately R$ 2.9 billion. The investment will be equally financed by OLX Brazil’s two existing shareholders, with Adevinta financing its share throughAdevinta ASA (ADE) - Adevinta announces that OLX Brazil is to acquire Grupo ZAP and strengthen its position in the real estate segment in the country
- The deal values Grupo ZAP at approximately R$ 2.9 billion - The partnership promises an improved user experience and service offering - The transaction is subject to approval by Brazil’s Antitrust Agency (CADE)
Frequently Asked Questions Regarding OLX Brasil
OLX Brasil is a company that operates in the Animals & Livestock industry. It employs 100to249 people and has 25Mto50M of revenue. The company is headquartered in Rio de Janeiro, Rio de Janeiro, Brazil.... Read More