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Naspers continues with social media acquisitions

Two days after announcing a US$165 million deal for a Russian Internet service offering email, blogs, video sharing and news, media company Nasper has acquired a 30% stake in MXit Lifestyle, South Africa's rapidly growing instant-messaging service for cellphones, reports Business Day.

29 Jan 2007

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Source: Supplied. Christo de Wit, country manager for South Africa at Luno.

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