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Question: Configuration diagram and flow diagram for OLXOLX was founded in 2006 by Fabrice Grinda (“Grinda”), Alec Oxenford (“Oxenford”), and Jordi Castello (“Castello”). The founders sought to establ
OLX was founded in 2006 by Fabrice Grinda (“Grinda”), Alec Oxenford (“Oxenford”), and Jordi Castello (“Castello”). The founders sought to establish an online platform through which general consumers are able to sell unwanted items at no cost to themselves. Grinda noticed in particular that larger online marketplaces such as eBay and Craigslist had extensive operations across developed markets but had shown little interest in establishing a presence in emerging markets, particularly across Latin American, Eastern Europe, and South East Asia.