2 Comments

Summary:

Naspers, the South African media and online giant, is continuing its international expansion and as part of that, has bought Vatera.hu, the…

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 operates in the segments of electronic media, pay TV, the Internet, IM and other technology sectors. MIH Europe already owns other auction sites such as allegro.pl (Poland) and ricardo.ch (Switzerland), Aukro (Bulgaria, the Czech Republic), and QXL (Denmark, Norway) as well as online portals such as Gadu-Gadu (Poland) or mail.ru (Russia). More details in the release.

  1. Pretty sure Naspers still only holds the 30% share of Mail.ru it acquired in 2007, with Digital Sky Technologies the majority shareholder since it bought out Tiger Global a couple of months ago.

    Share
  2. Shamus, they bought an extra 2.6% of Mail.ru taking them up to 32.6%

    Share

Comments have been disabled for this post