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AyosDito to close as OLX consolidates

A surprise announcement between classifieds competitors Naspers, Singapore Press Holdings, Schibsted Media Group and Telenor are joining forces to create one single classifieds ads network.

Operations in Indonesia, Bangladesh, Thailand and the Philippines will be affected by these changes. In the Philippines, OLX is owned by Naspers while competing site AyosDito is owned by Singapore Press Holdings.

Yugatech 728x90 Reno7 Series

The two biggest sites have been competing fiercely for years to dominate the market, both running billboards, bus ads, and even TV commercials just to get bigger share of the market (OLX has about 60% market share).

The merger will put AyosDito’s operations to a close and redirect all users and traffic to OLX by January of 2015. For the meantime, it’s business as usual for both.

With AyosDito out of the picture, the only remaining local independent and significant players are TipidPC and TipidCP. There’s also eBay.

OLX was not a huge player in the local market until it gobbled up Sulit in December 2013.

Sulit was relaunched as OLX.ph by March of 2014 (see: How the Mighty Sulit became OLX.).

{ via Tech in Asia}

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

26 Responses

  1. Avatar for Kai Kai says:

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  2. Avatar for Ruqyah Kuningan Ruqyah Kuningan says:

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  3. Avatar for Oliver Oliver says:

    im an online seller, try nyo http://www.dabest.ph. mabilis mag approve, tapos meron agad nag iinquire.

  4. Avatar for Lorenz Lorenz says:

    here’s another great option – DaBest Classifieds PH www.dabest.ph

    It’s a secure website, allowing posting of unlimited number of free ads. They also give reward points that users can use to boost ads making ad boosting free. Go try it out!

  5. Avatar for Luis Luis says:

    Taboda (http://www.taboda.com) is a new classified ads website for Filipinos. It doesn’t have a lot of restrictions unlike other classified ads websites.

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