| Updated Sun, February 12th 2017 at 00:00 GMT +3Naspers plans to expand in education software as Africa's biggest company by market value searches for a repeat of the profitable bet it made on Tencent Holdings Ltd of China. "We believe that, like how technology has transformed the way people communicate, if you go ten years from now education will be fundamentally transformed," Chief Executive Bob Van Dijk said in a phone interview on Friday. India "can become one of the biggest online retail markets in the world," van Dijk said. I think the strategic advantage that Flipkart has is that it is run by Indian people for Indian people." The company's US classifieds unit "is not a cross-border business; it's a domestic person-to-person trade business," Van Dijk said.

Source: Standard Digital February 11, 2017 16:33 UTC