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In Indonesia, in March 2014, OLX took over Tokobagus.com, and rebranded to OLX.co.id. [15] In July 2020, BeliMobilGue rebranded itself as OLX Autos in Indonesia. [16] The CEO of OLX Autos in Indonesia since August 2019 is Johnny Widodo. [17] OLX Cashmycar, a joint venture between Frontier Cars Group (FCG) and OLX in India, was announced in ...
The German internet company Rocket Internet took an initial step into Pakistan's e-commerce sector with the establishment of Daraz.pk in July 2012. [19] Following a positive reception in Pakistan with its first e-commerce venture, Rocket Internet expanded its operations in Pakistan to over 30 active websites in 2015, the widest known being Kaymu.pk, Foodpanda.pk and Daraz.pk. [20] In a recent ...
In 2004, Haier began manufacturing home appliances in Pakistan, including microwave ovens. [1] In 2015, Haier invested $5 million to establish a mobile phone assembly plant in Lahore, which would annually manufacture over 1.5 million cellphones for the Pakistani market. [3] In 2017, Haier established a plant to assemble laptops in Pakistan. [4]
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In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan. In February 2018, the World Bank imposed a 33-month debarment on PEL, its affiliates PEL Marketing, Kohinoor Power Company, and its former general manager, Abdul Waheed Butt, for engaging in collusive practices during bidding on World Bank-financed ...
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