Naspers (OTCPK:NPSNY), the South African media giant, together with Tencent (OTCPK:TCEHY), its...

Naspers (OTCPK:NPSNY), the South African media giant, together with Tencent (OTCPK:TCEHY), its partner in JV Ibibo, is acquiring Redbus.in, the online ticketing company that Techcrunch calls "a dominant and disruptive force" in how people travel in India. At a reported price of about $120M, it would be the biggest overseas strategic acquisition of an Indian internet asset.