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Tencent launches a $759 million fund for online games. The fund is aimed at acquiring new sources of revenue growth in the online gaming market. Tencent, the sole investor in the fund, wishes to reinforce its position as a major Chinese virtual services provider. http://bit.ly/h4yCfW

Nokia partners with Tencent and SINA. The partnership is aimed at using Tencent and SINA’s vast online community to bring location-based services (check-ins and recommendations) to Nokia’s Ovi maps. The partnership forms a strategic base for Nokia to create partnerships with established brands to extend services which has already taken off in the US. http://bit.ly/dHUyYD

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Welcome to the blog of the Strategic Worldwide Applications and Technologies (SWAT) team of Naspers/MIH – a Global Media Company.

Naspers/MIH has one of the largest developing market investment portfolios in the Internet/Mobile space. You can see our investment portfolio here.

The SWAT team is a global product development and Internet Strategy team, comprised of Internet Analysts, Product Specialists and software engineers. Together we form a think tank and execution arm of the Internet division within Naspers, and this blog serves as our outlet for strategic thoughts, technological idea sharing and general discussion both with the users of the products within Naspers/MIH Internet as well as other new WWW destinations.

We encourage our team members as well as other Internet thinkers within our Group to write blog posts and welcome feedback and debate from the wider community.

Welcome All!

John Kotsaftis

CIO Naspers/MIH Internet

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