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June 21, 2013 11:46 am GMT
China's internet giant Tencent and South Africa's media powerhouse Naspers are doubling down on tech in India. TechCrunch has just found out that Ibibo, their domestic joint venture, has acquired redBus.in, an online bus ticketing company that has become a dominant and disruptive force in how people travel in the country. A formal announcement is coming out shortly.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OKSowJEb4lI/
Tencent, Naspers JV Ibibo Buys Redbus To Grow Its Online Travel Empire In India
China's internet giant Tencent and South Africa's media powerhouse Naspers are doubling down on tech in India. TechCrunch has just found out that Ibibo, their domestic joint venture, has acquired redBus.in, an online bus ticketing company that has become a dominant and disruptive force in how people travel in the country. A formal announcement is coming out shortly.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OKSowJEb4lI/
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