World of Avatar buys Mobile Social network Mxit

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World of Avatar has acquired 90% of South Africa based MXit for an undisclosed amount. Mxit currently has 43 million registered users in over 120 countries. Basically making it the largest Africa mobile social network.   The founder of World of Avatar Alan Knott Craig will replace the Herman Heunis as the CEO of the company.

Great lesson from the down South.

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