Mxit has officially inked the deal to buy social network builder Motribe. We reported a few weeks ago that the deal was in its final stages, we now have confirmation from the mobile social network that it is now the 100% owner of Motribe after buying out the current shareholders 4Di Capital, Nic Haralambous and Vincent Maher.
Motribe has been working closely with Mxit over the last few months building photo-based apps for the platform.
No ad to show here.
Read more on Ventureburn.