Zoom agreed to acquire BuscaPé Informação e Tecnologia LTDA., from Naspers Limited (JSE:NPN) on May 14, 2019. The transaction is subject to regulatory and Administrative Council of Economic Defense approvals. As of August 16, 2019, Administrative Council of Economic Defense approved the transaction. The acquisition is expected to close in the second half of 2019. Citigroup Global Market limited acted as financial advisor to Naspers Limited.

Zoom completed the acquisition of BuscaPé Informação e Tecnologia LTDA., from Naspers Limited (JSE:NPN) in May 2019.