Naspers invests $1.16B in Avito, Russia's top classifieds site, taking its ownership to over 99% and valuing the company at $3.85B — South African internet conglomerate Naspers is best known for backing Chinese tech giant Tencent, but it also operates a vast network of online classifieds businesses.
from Techmeme http://bit.ly/2TfF1cU
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