Netretail, a Czech Republic-based online retail holding company backed by Intel’s corporate venturing unit, has sold a controlling stake to MIH Allegro, a subsidiary of South Africa-based media group Naspers. Klaus Konrad, investment director of Intel Capital, said: “During the period of our investment, Netretail’s management developed a strong operating team and implemented automated business…
The rest of this content is only accessible to Global Venturing Subscribers.
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
