Wazzup Pilipinas!
OLX Philippines celebrates another milestone year in Cebu as they reported significant growth in its Cebu-based users of online buyers and sellers after two years of expansion in the region.
“Our number of users has been steadily growing since we started operations in Cebu. It is currently three times larger compared to our figures from the previous year,” said OLX Sr. Marketing Manager for Cebu Regina Aguilar during its anniversary celebration held recently at the Cebu Quest Hotel and Conference Center.
Mobile phones and tablets top the list of items that Cebuanos mostly buy and sell in the platform.
“As Cebuanos aspire to upgrade or keep up with the latest trend, OLX becomes a preferred avenue for them to achieve their goal. Some sell their pre-owned smartphones to fund the purchase of the newest model while some are able to purchase the latest smartphones at a cost that they can afford,” explains Aguilar.
Pre-owned cars, clothing, and computers are also in the top 5 lists of items being sold and bought in OLX. Their Real Estate category also gains popularity as it becomes the go-to platform of people wanting to buy or rent properties in Cebu.
In fact, paid ads from real estate sellers helped double the revenue of the company in Cebu that has been heavily promoting the usage of free ads in its platform.