Katamarayudu telugu movie review | Katamarayudu Movie Review Rating | Katamarayudu Review | Pawan Kalyan Katamarayudu

X
close save
crop image
x
TM
Fri, Dec 14, 2018 | Last Updated 12:41 pm IST

Menu &Sections

Search

OLX to set up 150 Outlets for selling Used Cars

OLX to set up 150 Outlets for selling Used Cars
OLX to set up 150 Outlets for selling Used Cars
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

New Delhi sources stated that online marketplace for pre-owned goods, OLX, Monday announced offline expansion of its used car business with plan to set up 150 outlets in 40 cities across India by 2021. Meanwhile the company, which has been running a pilot in six top cities in the country with around 30 outlets, is now accelerating the business under 'OLX Cash My Car' chain in partnership with Berlin based Frontier Car Group (FCG).



As per report OLX India Vice-President and Head of OLX Cash My Car, Amit Kumar, said with the used car market growing at 15 to 16% annually, the company is very bullish on its new offline business for pre-owned vehicles. He said "Our plan is to expand OLX Cash My Car in top 40 cities in India with about 150 outlets by 2021”. Presently there are 27 OLX Cash My Car stores in the capital, Gurgaon, Faridabad, Noida, Ghaziabad, Bangalore, Mumbai, Hyderabad, Pune, and Chennai.

OLX to set up 150 Outlets for selling Used Cars

Moreover Kumar said OLX will leverage on FCG's know how of emerging economies, expertise in scaling offline automotive platforms and building infrastructure tailored to the local environment. Further he said "We are looking at almost all new stores to be owned by us and that is the model we would follow and he however, declined to comment on the investments that will be put in for the expansion of used car retail business”.


OLX to set up 150 Outlets for selling Used Cars
5/ 5 - (1 votes)
Add To Favourite
More from author
Minister Vijayabhaskar expresses joy!
Rahul gives an opportunity for BJP!
BJP losing Urban seats Day by Day
Malaysia Fantastic Deals Package launched for Indian Tourists
KTR confident in winning Lok Sabha Polls by 2019
Swiggy's Next Customer base is Students
Will KCR replicate Rythu Bandhu Scheme across India?
Celebrities across Globe attended Isha-Anand Royal Wedding
KCR took oath as CM of Telangana for Second Time
Bumper Airfare Fly to any place with Rs.999
Single use plastic be banned in TN from January 1, 2019
Know the Most Searched personality in Google 2018
People of Telangana & Hyderabad rejected politics of Cong & BJP: Owaisi
102 year old skydiver did it for helping many
Internal conflicts arising in BJP?
BJP twist in Madhya Pradesh!
Rajinikanth delays politics due to BJP loss?
Mizoram CM's Sensational first order!
Why Chandrababu Naidu failed in Telangana?
Will Stormy Daniels pay Trump &3,00,000 as defamation suit dismissed?
KCR the KING of Telangana, to Sworn in as CM
Rahul Gandhi principal challenger to PM Narendra Modi for LS polls in 2019
Has BJP lost its influence? Rajinikanth
RGVs comment after Telangana Election Results
6 Women Candidates elected in Telangana Assembly 2018
Puppy Sales at Pet Shops banned in Germany during Christmas
Will Revanth Reddy quit politics?
IIT-M makes 888 Job offers by 195 companies
KCRs added advantage in becoming CM again
Matter of extradition of Vijay Mallya to India referred to Secretary of State of UK
Uttam Kumar Reddy alleged discrepancies in counting of votes for Telangana
Zomato Delivery Man caught in Video eating Food for Delivery
Chennai likely to receive Rainfall this Weekend
Huge damage for BJP in Assembly Elections!
London court orders against Mallya!
Rahul Gandhi blames Modi!
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.