Naspers and Schibsted call a truce in five countries by Christo Volschenk in AIM Group 13 Nov 2014 Naspers, Schibsted Media Group, Telenor Group and Singapore Press Holdings (SPH) today agreed to stop competing with their respective classified businesses in Brazil, Indonesia, Thailand and Bangladesh. Instead they will work together “by establishing four joint ventures for the development of their online classified businesses” in the four countries. In a fifth country, Philippines, 701Search wilThis article is only available to AIM Group clients. Please subscribe now or log in to view. Share 701SearchnaspersschibstedStrategytelenor Christo Volschenk Christo Volschenk is managing editor of the news on Aimgroup.com and our senior analyst covering Naspers. He brings more than 31 years of experience in business journalism to the team - the last 18 years focused on classifieds and e-commerce. Apart from working closely with the AIM Group, Christo is a freelance journalist, content manager, and copy editor. Before branching out on his own, he spent 15 years with Naspers in South Africa as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 23 colleagues in 23 countries from his base in Stuttgart, Germany.