Naspers buys stake in Middle-East verticals

30 Oct 2012
Multinational entertainment group Naspers (that’s how the company wants to be called nowadays) acquired a “significant minority stake” in Souq.com, one of the biggest e-commerce platforms in the Middle-East, a company spokesperson told online magazine ITWeb Africa (


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Christo Volschenk

Christo Volschenk is managing editor of the news on Aimgroup.com and our senior analyst covering Naspers. He brings more than 31 years of experience in business journalism to the team - the last 18 years focused on classifieds and e-commerce. Apart from working closely with the AIM Group, Christo is a freelance journalist, content manager, and copy editor. Before branching out on his own, he spent 15 years with Naspers in South Africa as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 23 colleagues in 23 countries from his base in Stuttgart, Germany.