It was announced on Friday that Naspers acquired a chunk of the MXit Lifestyle Pty Ltd company.
No figures were mentioned.
What effect will this have on the MXit company?
It should allow them to improve and grow and have access to more resources.
The Naspers network is huge.
Naspers also has a large stake in the massively popular instant messenger in Asia, QQ by Tecent.
Moneyweb.co.za – Herman Heunis, MXit Founder and CEO
This is a quote from a radio interview transcript which moneyweb.co.za makes available for free. It was about the recent purchase by Naspers.
MONEYWEB: Tell us about the synergies – what role will Naspers be playing?
HERMAN HEUNIS: Well, obviously they’re a major media group with quite a global footprint, and obviously we hope to get some assistance there to roll it out internationally. In South Africa we hope to get some of their content onto MXit and make it more attractive to our users.
Stay tuned to mxit.defza.com to find out more.