Dutch-based technology investor sells Avito to Russian investment company


Prosus, the Dutch-based technology investor, will sell its online marketplace for classified advertising, Avito, for 151 billion rouble ($2.46 billion) to Kismet Capital Group, a Russian investment holding, the parties announced on Friday.

Prosus, which owns a 100% of Avito, and its parent, Naspers of South Africa said that the sale...