Prosus N : Factsheet Classifieds

Prosus ecommerce portfolio factsheet - June 2021

Classifieds - OLX Group

Shaping the future of trade to unlock the hidden value in everything.

"At OLX Group, our passionate entrepreneurial teams are innovating on behalf of the hundreds of millions of buyers and sellers we serve every month. Leveraging our leading brands and innovative trading platforms, we are expanding deeper into transactions to create a unique and seamless customer experience, and fulfill our purpose to shape the future of trade to unlock the hidden value in everything."

Romain Voog

CEO, Classifieds

43%	$6.4bn	$13bn
5 year revenue	Invested	Consensus
CAGR1	valuation2

OLX Group operates one of the fastest-growing networks of trading platforms globally. Serving 300 million users every month in 30+ countries around the world, OLX Group helps people buy and sell cars, find housing, get jobs, buy and sell household goods, and much more.

Innovation is at the heart of our growth strategy, and we continue to build products and services that solve our customer needs.

Over the last 12 years, we've accelerated our move into the transaction space, and developed differentiated propositions for our consumers, supporting them along their transaction journey.

We operate more than 20 locally loved brands that hold leading market positions in 24 countries, including OLX, Avito, and many others.

322m		58m		116m
monthly active users		net new listings		monthly active app users

19m

4.1m

unique listers each month

paying listers

FY2021 Performance

US$1,599m

18%

Revenue

Growth

US$1,281m

US$9m

14%

Trading

profit

US$34m

Decline

FY2021

FY2020

0

400

800

1200

1600

(US$m)

1. 5 year revenue cumulative annual growth rate (CAGR).
2. The estimated market valuation is calculated based on estimates derived from the average of sell-side analysts covering Prosus for stakes in unlisted assets and post money valuations on transactions where analyst coverage is not available.

Prosus ecommerce portfolio factsheet - June 2021

Classifieds - OLX Group

FY2021 Performance

We made considerable progress during the year and strengthened our strategic and financial position. The Covid-19 pandemic affected our business at the start of the year. However, we innovated to continue enabling trade and ended the year with strong momentum, with both revenue and trading profit exceeding initial expectations.

Key owned and operated brands

Recent investments		Associates
In April 2020, OLX Group merged its		letgo and Offerup
MENA and South Asia businesses with		combined their respective
Emerging Market Property Group.		US marketplaces.
Read more here.		Read more here.