JSE-listed technology investment firm Naspers said on Monday it has led a $540-million (about R7.8-billion) investment round in India’s BYJU’s.
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Naspers published interim results on Friday for the six months ended 30 September 2018. TechCentral editor Duncan McLeod spoke to group CEO Bob van Dijk on various aspects of the JSE-listed media and technology giant’s latest financial report.
Naspers has its sights set on acquisitions as it targets “significant investments” for its $10-billion cash pile in the next couple of months, chief financial officer Basil Sgourdos said.
Naspers first-half earnings climbed 39% as it made further progress in turning a profit at its myriad Internet businesses, it said on Friday.
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