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Naspers Buys Majority In Brazilian Online E-Commerce Group Buscape For $342 Million

Sep 29, 2009 2:46 AM

Naspers, the South African media giant, is continuing on its online acquisition spree across Europe and now Latin America: it has acquired 91 percent stake in Brazilian online e-commerce group Buscape.com, for $342 million. Buscape provides comparison shopping solutions to more than 100 portals and websites in Latin America, including…

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Posted In: E-Commerce, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Latin America, brazil, naspers, south africa

Mail.ru Investor Offloads Stake; IPO Looks Less Likely

Jan 5, 2009 3:36 AM

While you were off for Christmas, the ownership of Russia’s top website (according to TNS) shifted a little. Tiger Global Management hedge fund sold its 27 percent stake in Mail.ru to its existing shareholders Digital Sky Technologies and Naspers. The Russian online investment vehicle and the South African media outfit…

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Posted In: Countries, Europe, Russia, digital sky technologies, mail.ru, naspers, tiger global management

Naspers Acquires Hungarian Auction Site Vatera.hu

Oct 8, 2008 10:29 AM

Naspers, the South African media and online giant, is continuing its international expansion and as part of that, has bought Vatera.hu, the Hungarian online auction website. Vatera.hu was established in the year 2000, and will remain a separate brand, though will be part of Naspers’ MIH Internet Europe group, which…

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, hungary, naspers, vatera

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