Tuesday, March 12, 2013

Russia's Avito Becomes World's 3rd Biggest Classifieds Site After Naspers Deal

Avito LogoSouth Africa's Naspers has agreed to merge its two Russian online classified Web site with Avito in a $570 million deal that will make Avito the world's third biggest classified site after Craigslist and China's 58.com.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/AbCqNuJiTgw/

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