Aug 28, 2008 6:39 AM
Mobile social network myGamma‘s parent BuzzCity is getting a $10 million funding from South African media group Naspers, with the aim of investing in applications that can leverage partnership opportunities. The Singapore-based network offers blogging, messaging, games etc and claims 2.7 million users across 70 countries and 1.7 billion ad…
Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Countries, Asia, buzzcity, naspers, singapore, south africa
Aug 24, 2008 4:22 PM
Our dear friend Cyriac Roeding, the former EVP of mobile at CBS (NYSE: CBS), is on a world tour of about 10 countries in seven weeks. After leaving CBS earlier this year, he is on to the next new thing, and for inspiration—and to unwind—and at our request, he is…
Posted In: Media & Publishing, cyriac roeding, south africa
Jun 28, 2008 2:15 PM
Vodacom, the pan-African mobile operator, has made an interesting strategic move: it has bought a 40 percent stake in local social media networking company Zoopy.com. Terms of the deal were not disclosed. Zoopy.com was formed last March, and allows users to upload and share videos, photos, podcasts and blogs, all…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, south africa, vodacom, zoopy
May 6, 2008 3:16 AM
Bharti Airtel, India’s largest teleco, has put in a bid to acquire 51 percent stake for South African telecom operator MTN, reports the Financial Times. This, after Airtel’s CFO and Joint MD Akhil Gupta had denied any such acquisition plans late last month. Airtel issued a press release last night,…
Posted In: Companies, Countries, Asia, India, bharti airtel, mtn, south africa
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