Inside these posts: South Africa

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South Africans accept Wal-Mart bid

A South African chain’s shareholders have overwhelmingly accepted Wal-Mart’s offer to buy 51 percent of their company, the chief executive said Monday, paving the way for the giant U.S.-based retailer to enter Africa.

Groupon makes aquisitions in S. Africa, Israel, India

From Tech Crunch | Fresh off its billion dollar funding round, Groupon has snapped up more international competitors: Israel’s Grouper, South Africa’s Twangoo and India’s SoSasta. All sites will take the Groupon name. Terms of the deals were not disclosed. Get the full story>>