South African Giant Naspers Buys 30 Percent of Mobile IM Firm MXit

South African media giant Naspers has bought a 30 percent stake in MXit Lifestyle, a local mobile IM company. The Mxit service currently has about three million users. Terms were not disclosed.
Naspers also owns about half of Chinese IM biggie Tencent. Some more details in the release here.

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