Online classifieds company OLX Brazil, a leading player in Brazil's digital real estate ads, has agreed to buy rival Grupo ZAP for $642M in an all-cash deal (Terje Solsvik/Reuters)

Online classifieds company OLX Brazil, a leading player in Brazil's digital real estate ads, has agreed to buy rival Grupo ZAP for $642M in an all-cash deal (Terje Solsvik/Reuters)

Terje Solsvik / Reuters:

Online classifieds company OLX Brazil, a leading player in Brazil’s digital real estate ads, has agreed to buy rival Grupo ZAP for $642M in an all-cash deal  —  OSLO (Reuters) – Online marketplace OLX Brazil has agreed to buy competitor Grupo ZAP for 2.9 billion reais ($642 million) …

Online classifieds company OLX Brazil, a leading player in Brazil's digital real estate ads, has agreed to buy rival Grupo ZAP for 2M in an all-cash deal (Terje Solsvik/Reuters)
Source: Tech Meme