Why Did CarTrade Shut Down The Acquired OLX Autos Business?
Last year Car Trade had beaten Spinny and Cars24 to acquire OLX India’s automotive business i.e. Sobek Auto India Pvt Ltd for Rs.537 crore. This acquisition was done with high hopes for a bright future in C2B (consumer-to-business) operations. Two months later, the public received a huge shock with Olx Autos shut down! Wasn’t the … Read more





