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OLX's operations in India, like other online retailers, has faced problems with fraud and faced problems with people selling stolen vehicles. In combating fraud, nearly 25% of the car listings get rejected by its systems to protect users from fraud. [36] [37] In August 2023, OLX's India business was acquired by CarTrade for ₹ 535.54 crore. [38]
In April 2019, Carousell acquired OLX Philippines after receiving an investment from Naspers. [15] The company raised $85 million Series C funding in May 2018. The round was co-led by existing investor Rakuten Ventures and EDBI. Other participants included 500 Global, Golden Gate Ventures and Sequoia India as well as new investor DBS. [16]
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
And, with all of the early Black Friday sales going on right now, one of our favorite comfortable shoe brands is getting on in the action: Save 30% on absoltely everything during Allbirds' Black ...
A 1960 Ferrari 250 GT SWB California Spider that went on to sell for $4,950,000 in 2009 was offered for sale in the June 1964 issue of Road & Track for US$10,500 (equivalent to $103,000 in 2023), in the April 1976 issue of Hemmings Motor News, the same car was offered at US$16,750 (equivalent to $90,000 in 2023). [32]
The refreshed 2016 ILX was unveiled during November 2014 at the Los Angeles Auto Show, and went on sale in February 2015. It now came exclusively with an "Earth Dreams" direct injected 2.4-liter four-cylinder DOHC i-VTEC engine mated to an 8-speed dual-clutch transmission, a very closely related powertrain to that of the TLX, first introduced in 2014 (as a 2015 model).
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