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Jun. 21, 2013, 11:51 PMNaspers (NPSNY.PK), the South African media giant, together with Tencent (TCEHY.PK), 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. | Comment!
NPSNY vs. ETF Alternatives
Naspers is engaged in the operation of pay television and internet subscriber platforms and the provision of related technologies, the publishing and printing of print media and books, and the provision of private education services. These activities are conducted through subsidiaries, joint... More
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