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South Africa

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

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