Naspers Ltd., an early investor in China’s Tencent and still its largest shareholder, is backing rent-to-buy car firm Planet42 in a $100 million debt and equity fund-raising.
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Rent-to-Buy Firm Planet42 Gets $100M to Grow in South Africa, Open Shop in Mexico
The startup, which mainly operates in South Africa, will use the funds for growth within the country and further expansion in Mexico, Planet42 CEO Eerik Oja
