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According to the versions, the authorities of the platform – whose valuation exceeds one billion US dollars – would badyze the convenience of continuing or not operating in Argentina because the market is small, compared to other countries, and that Mercado Libre is dominated.
Alec Oxenford and Macri.jpg
President Macri with Alec Oxenford and other industry entrepreneurs
A week ago, we knew that another platform of the sector, alaMaula of the eBay company, will cease operations in the country from April 4.
OLX has more than 330 million monthly users around the world. From the signature they communicated that "will continue to work in Argentina and in the rest of Latin America and that he has "a team of more than 250 people locally and more than 400 in the region," according to ambitiono.com.
In December Oxenford resigned from his position in the company with other members of the board, and focus on Letgo, an application to buy and sell used products.
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