0
Internet

Naspers confirms investment in Nigeria's Konga.com

Friday 8 March 2013 | 11:05 CET | News
South Africa-based media group Naspers confirmed that it has acquired a 50 percent stake in Nigerian online store Konga.com. Meloy Horn, Naspers' group information relations officer, told HumanIPO it had invested in Konga.com. She added that while the company's local management team will be driving change in Konga.com, the focus will be on expansion and ensuring customers get high service quality. With the additional capital from Napsers, the Konga management team will invest in growing the business and enhancing customer service. She declined to make comment on the terms of agreement.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours. Subscribe now.

Categories: Internet
Companies: Naspers
Countries: Nigeria
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.






8 out of 12
8 out of 12 municipalities in Drenthe have FTTH connections
Netherlands  |  2015 Q1