Portfolio stories

OLX has just reached a great milestone, publishing its first Sustainability Report. The report for the financial year 2024 provides a detailed overview of the company's sustainability performance and progress towards a more sustainable future.

At the heart of OLX’s mission lies a simple yet profound belief: sustainability is not just a part of what they do; it is the essence of who they are. Every day, the company empowers its users to make a difference, motivating millions to embrace the benefits of reuse and recycling. OLX’s commitment to the circular economy goes beyond a business model—it’s their  way of contributing to a more sustainable world through secondhand trade.

Here are some of the key highlights:

➡️  The economic benefits: Last year, its users saved EUR169M+ by buying secondhand electronics, and 44% of small businesses doubled in size.
 
➡️  The environmental good: 2.5M tonnes of materials saved in secondhand electronics alone.

➡️  Its platforms' safety credentials: Last year, only one phishing ticket was raised for every one million listings published.

For more information, see the report here.