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.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_9221e16acd7155ef1670f5ab5b9e41ee","wijax_e0171fb5ee6882c570131dfe2034b476"]
{"source":"https:\/\/gigaom.com\/2007\/01\/26\/south-african-giant-naspers-buys-30-percent-of-mobile-im-firm-mxit\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_9cd3ad175250ebeb4fe9a2061c3701ed","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2007\/01\/26\/south-african-giant-naspers-buys-30-percent-of-mobile-im-firm-mxit\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_9cd3ad175250ebeb4fe9a2061c3701ed","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post