The JSE-listed technology giant is leading a $125-million (R1.9-billion) funding round in Indian “social commerce” marketplace Meesho in a bid to “kick-start e-commerce for the next 500 million online shoppers”.
Naspers has corrected a problem that forced Africa’s biggest company to delay a planned listing of Internet assets in Amsterdam, sending mail to the right addresses to reach shareholders.
Naspers said on Thursday that it’s leading a new investment round, worth $30-million, in Polish-founded peer-to-peer learning community Brainly. Other investors are Runa Capital and Manta Ray.
A finding by the commission last week regarding MTN’s empowerment scheme’s contravention of the B-BBEE Act will have wide implications for similar schemes operated by other listed companies.
When Walmart paid $16-billion for control of India’s e-commerce pioneer Flipkart Online Services from investors, including Naspers, last year, the US retail giant got a little-noticed digital payments subsidiary as part of the deal.