OLX Group acquires Aasaanjobs
Naspers-funded OLX Group has acquired Aasaanjobs for an undisclosed amount, a move aimed at strengthening the classified player's position in the online job search segment.
This acquisition resonates with OLX's commitment to grow its verticals strategically and leverage technology for better user experience on the platform, OLX Markets CEO Tim Hilpert said.
It cited a recent study to state that in urban centres alone, over 70 million blue/grey collar job opportunities are available each year, while the workforce stands at 60 million workers annually.
This reflects the significant scope for growth opportunity in the sector, OLX added.
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