Friendster Partners with Leading Online Classifieds Site OLX
SAN FRANCISCO, May 10 /PRNewswire/ -- Friendster, Inc.
(http://www.friendster.com), a leading global social network that helps people
reconnect and stay in touch with friends and discover new people and things
that are important to them, today announced the launch of a multi-year
partnership with OLX (http://www.olx.com), a next-generation global online
classifieds listing provider. Friendster members anywhere in the world can
now post listings for free and access locally targeted classifieds. OLX
powers this dynamic classifieds product platform for the Friendster
community. Although financial terms of the deal were not disclosed,
advertising revenues will be realized by both companies.
Through this partnership with OLX, Friendster's 40 million members can
now post classified listings and search for listings in their specific
region. The categories of listings include Jobs, For Sale, Services,
Vehicles, Real Estate, Personals, Community, Classes and Resumes. Users
searching for listings can narrow their search by country, state/region and
city, and for searches in the United States, users can also search by
distance from a zip code. These new features can be accessed from links
such as "Classifieds" at the top of all Friendster.com pages.
"As the 18th largest Web property in the world, Friendster is excited
to offer another valuable set of features to support the personal needs of
our users," said Aaron Barnes, vice president of global sales and business
development at Friendster. "OLX provides a best-in-class classifieds
product with an exceptional user experience, which is a key component to
our product strategy and monetization at Friendster."
"Friendster is a leading global brand, and this partnership allows
Friendster members to get more out of their daily social networking
activity," said Fabrice Grinda, founder and CEO of OLX. "As the leader in
global classifieds, our service will be another advantage that Friendster
offers its members. OLX is glad to be part of the renewed Friendster
experience, with a member community that continues to grow rapidly and now
has over 21 million monthly unique users worldwide."
About OLX
OLX is the next generation of free online classifieds. OLX provides a
simple solution to the complications involved in selling, buying, trading,
discussing, organizing, and meeting people near you, wherever you may
reside. OLX is used in over 30 countries in 6 languages. The company was
founded in March 2006 and is privately held. For more information, visit:
http://www.olx.com.
About Friendster
With more than 40 million members worldwide, Friendster is a leading
online social network. Friendster is focused on helping people stay in
touch with friends and discover new people and things that are important to
them. Friendster's trusted network, which emphasizes genuine, real-world
friendships, is popular among people of all ages, but is particularly
popular among young adults. Friendster has a growing portfolio of patents
granted to the company on social networking, with more expected over the
next several months. Headquartered in San Francisco, California, Friendster
is backed by Kleiner Perkins Caufield & Byers, Benchmark Capital, DAG
Ventures and individual investors. For more information, visit:
http://www.friendster.com.
SOURCE Friendster, Inc.
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Related links:
http://www.friendster.com
http://www.olx.com/
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