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September 14, 2016 04:42 pm GMT

Naspers PayU buys Citrus Pay for $130M in cash to expand in India

shutterstock rupeesHundreds of millions of dollars of investment have been put into commerce startups in the fast-growing market of India, from marketplaces like Flipkart and Snapdeal through to payment startups like PayTM. Now one of the more interesting of thesehas been acquired.PayU, an online payments company with a focus on developing marketsthat is owned by South Africa’s Naspers, has… Read More

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