OLX App displays. Photo/techweez.com

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Online classified company OLX has announced that it has reduced advertising costs on mobile and tablets.

The move is aimed at growing revenue.

An advert on OLX’s app for smartphone or tablet has been reduced to Sh500 down from Sh2,000 for a week.

 Monthly charges have gone down to Sh2,000 from Sh6, 000.

A two-month advert will now cost Sh4,000 down fromSh10,000.

“Following consumer feedback we sampled among our mobile and tablet sellers, we have now slashed prices in the high traffic mobile category to cater to our users’ needs of wanting a high visibility at affordable costs,” country manager Peter Ndiang’ui said in a statement.