Naspers invests another $30 million US in Movile

04 Jul 2017
Shortly after the release of its FY2017 financial report last week, Naspers invested another $30 million U.S. in Movile, a Brazilian-based, mobile marketplace developer (news release here). It's been an investor in Movile since 2008 and holds 70.7 percent of the company.

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Léo Siqueira

Léo Siqueira joined the AIM Group in 2014 as writer and analyst for Latin America. He is a multimedia journalist based in, but not limited to Campinas, Sao Paulo. Siqueira has been writing, reporting, and consulting for different news outlets and corporations in Brazil and in the US. Siqueira has worked for almost three years as a correspondent in Brazil with ICIS, the world’s largest information provider for the global petrochemical industry, and has been working with other global publishers, such as USA TODAY and His expertise includes general news coverage, online, print and multimedia journalism, and corporate communications as well. In this particular area, he has been working with international clients.