#Data : At 54 crores revenue, OLX India is ramen profitable

And competitor, Quikr is bleeding badly.

olx-lndia
Quikr is bleeding badly (95 crores of revenue, 534 crores loss). We looked at Quikr competitor, Olx India’s revenue and while Olx is at 43% of Quikr’s revenue, the company is ramen profitable.

OLX India : Revenue and Profit Data


Olx Vs. Quikr


Olx Vs. Quikr : Comparable Traffic


Who will you bat for? A ramen profitable professionally run company (Olx is part of Naspers) OR a unicorn startup bleeding badly?

[About #IndianStartupData : This is an annual series that breaks down the #PRshit of companies to actual numbers and importantly, more useful contexts.]

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  1. I think most of their revenue must be from non-operating sources. Even the most optimistic estimate of revenue from running adsense on 10M visits/month would be 1cr/month. Dont think they do much in terms of seller ads.

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