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OLX Group invests over €20M in AI — Portugal is the pilot market

The OLX Group has invested €200M in AI since 2018 and will add another €20M by 2026, says CEO Christian Gisy.

Portugal is being used as a pilot market for new AI tools in real estate and automobiles.

Why Portugal?

- Technology-oriented ecosystem

- Diversified real estate market

- 500 employees and offices in Lisbon and Porto

What are the AI tools?

- Presented at CLAIM AI (Feb 25-26, Convento do Beato), the tools allow:

- Creation of videos from images

- Automatic narration generation

- Intelligent keyword/tag automation

- Faster and qualified leads

Impact on business

🏠 Real estate ads: 50% faster

🚗 Automotive: +10% acceptance rate

🛡️ 95% of moderation managed by AI

The focus shifts from traffic volume to lead quality and faster conversion.

AI disruption is coming in 5–8 years — and OLX wants to lead, not react.