Encuentra24 to merge with OLX Group in Central America.

Encuentra24, a marketplace and business solution provider, agreed to merge with OLX Group, a global marketplace network, in Central America. Financial terms were not disclosed. "This merger brings considerable growth potential for the new company and we are excited to be gaining access to two new markets. The Encuentra24 business has gone from strength to strength in recent years, and with OLX we can accelerate this growth in new and innovative ways. Together we are dedicated to giving our users the best experience possible," Boris Metraux, Encuentra24 CEO and Co-founder.