Naspers Buys Majority Stake In Russian Classifieds Site Avito For $1.2B

Screenshot 2015-10-23 15.41.47 Naspers, the South Africa conglomerate that invested in China’s Tencent among others, is upping its stake in Russia-based Avito, the third largest classifieds site in the world, by way of a $1.2 billion investment. Read More

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