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.Source: http://feedproxy.google.com/~r/Techcrunch/~3/OKSowJEb4lI/
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