Complex sentence: MXit Lifestyle (Pty) Ltd was established in 2006, and by January 2007, media giant Naspers had acquired a 30% stake in the company, and in October 2011 South African investment group, World of Avatar acquired 90% shareholding in MXit.
Split into simpler sentences: MXit Lifestyle (Pty) Ltd was established in 2006, and by January 2007, media giant Naspers had acquired a 30% stake in the company. In October 2011 South African investment group, World of Avatar acquired 90% shareholding in MXit.