OLX Group

Police say CCTV caught two contract forklift operators hauling the pallets away, while a third employee, acting as the man on the inside, allegedly cleared the GPUs in the system so they'd pass electronic controls.

Brazilian news then spotted a Zotac card on an online marketplace called OLX, with its serial number on full display, listed for about six grand.

Police are now trying to track down the rest of the cards, and I hope they succeed.

Because if those two pallets of 5090s don't find a home with a bunch of rich gamers and or AI enthusiasts, it'll be so sad.

I first tried to convince Craig to sell me Craigslist or let me run it.

Couldn't convince him, so I went on to build a company called OLX, which became the largest classified site in the world.

It's today the leading classified site in over 30 countries.

It's over 10,000 employees and over 300 million users a month, and it's the leading player in Brazil and Latin America and India, Pakistan, all of Southeast Asia and UAE and all the Middle East, and also pretty much all of Eastern Europe, like Ukraine, Poland, Romania, and until it was stolen, uh, by Uncle Vladimir in Russia as well before.

He's, uh, a partner at Bessemer.

He-- We were, we were at McKinsey together back in the day.

He was in the office next to mine, and he ended up actually backing OLX, uh, my, my, my classified site.

He's an amazing investor, um, but he has a very different approach from mine.

Uh, you pay 664, you get around 820 of Tencent, and then you get everything else.

iFood, uh, uh, Jet, OLX, PayU, all of those bits, free.

Just Eat Takeaway, that's Jet.

When I say Jet, Just Eat Takeaway.

Uh, it's tough, but they're still the dominant player there, so they'll be fine.

iFood's also diversifying non-food delivery, uh, growing almost 50% and 40% of revenue.

And the rest of portfolio, OL- O- OLX, which is their, uh, uh, classifieds gr- growing profitably, uh, Despegar growing 20%, PayU profitable scaling.

So Process is consciously trading short-term profitability for growth in, in Jet, uh, Just Eat Takeaway, and iFood.

Kia, always appreciate the early morning process giving us an update, mostly on their food delivery.

I mean, they're touching the likes of OLX, they say, and I quote, doing quite well.

But on the food side, iFood in Brazil in a fight with Chinese competition.

They claim their competitors are spending irrationally.