Naspers takes full control of Russian classifieds site Avito in $1.16B deal

11:17 28.01.2019
South African internet conglomerate Naspers is best known for backing Chinese tech giant Tencent, but it also operates a vast network on of online classifieds businesses. That network just got a little larger after Naspers took full control of Russia-based Avito through a new $1.16 billion all-cash investment to top up its ownership to over 99 percent. […]...
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