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Naspers Said to Seek Sale of Swiss Retail Site Ricardo

Naspers Ltd., the South African part owner of Russia’s largest social network, is considering a sale of Ricardo.ch, Switzerland’s largest online retailer, people with knowledge of the situation said.

Preparations for a sale are at an early stage, said the people, who asked not to be identified because the information is private. While Naspers is interviewing banks to discuss the process, it hasn’t yet hired an adviser, two of the people said.