OLX Group continues strong performance as motors, real estate and jobs drive growth

About this update from Prosus N.v. Class N

AMSTERDAM, June 29, 2026--(BUSINESS WIRE)--OLX Group ("OLX"), a global online classifieds leader with nearly 60 million daily listings across seven markets1 and a wholly-owned subsidiary of Prosus, has reported strong financial results for the full year ended 31 March 2026. Christian Gisy, CEO of OLX Group, said: "These results reflect our disciplined strategy over the past couple of years – focusing on the right markets, the right categories, and the right model. AI is no longer an investment thesis for us; it's the operating system of our business. That is translating directly into product quality and into the outcomes we deliver for customers, and lastly into margin expansion." Progress against strategy The results reflect OLX's increasingly efficient operations, its continued investment in AI, and the strength of its business across core categories. The company's growth continues to be driven by its focus on motors, real estate and jobs, which now represent 71% of total revenue. Within these core categories: Industry-leading AI innovation Throughout the year, OLX invested US$30 million in AI capabilities, with more than $200M invested in AI since 2018. The company has deployed more than 85 AI use cases and 12 generative AI solutions across its platforms. AutoIQ, the motors dealer operating system, helps dealers make smarter pricing and inventory decisions, resulting in 21% week-on-week retention. AI matchmaking in jobs drives 59% of all engagement actions, with 63% of employers engaging within five minutes of a match. In real estate, AI-powered posting tools cut listing time by 50%, while CompassGPT provides conversational search for buyers. OLX's tools build efficiencies, drive automation, improve customer experience, and generate 8-10% incremental premium leads, value now built into product packages with pricing that reflects outcomes.

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