Naspers revs up investor excitement by picking up the keys to Frontier Car Group

South African media group Naspers is investing $89m in Frontier Car Group, an online marketplace for second-hand cars, in a deal valuing the emerging markets focused start-up at about $270m, reports the Financial Times.

South African media group Naspers is investing $89m in Frontier Car Group, an online marketplace for second-hand cars, in a deal valuing the emerging markets focused start-up at about $270m, reports the Financial Times.

This article is exclusive to Biznews Premium. Members please login here. Not yet subscribed? Taste before you eat by signing up here for free 30 day trial (card details required).