Prosus is actively engaging with multiple players to explore sale of classified business Olx's Autos unit in several markets.

In a respite for global investment group Prosus, publicly listed used car marketplace CarTrade on Monday (July 10) said it would acquire OLX Auto’s India business for INR 537.4 Cr.

CarTrade stock hit a new high of ₹2,586, surging 5% in an otherwise subdued market after OLX India said it achieved its ...

Shares of the listed Indian used cars marketplace CarTrade jumped more than 14% on intraday trading on Tuesday (July 11) after it announced the 100% acquisition of OLX India’s auto business for ...