Browsing: Allegro

Naspers-owned video-on-demand platform ShowMax has made its debut in a European country, launching services in Poland on Wednesday. The Warsaw-based team responsible for the expansion is led

Naspers plans to expand in education software as Africa’s biggest company by market value searches for a repeat of the profitable bet it made on China’s Tencent. The owner of Africa’s biggest pay-television

Cinven, Permira and Mid Europa Partners agreed to buy Naspers’s Polish online auction site Allegro for almost US$3,3bn (R46,4bn), taking on rivals such as eBay in the Eastern European country

Naspers, Africa’s biggest company by market value, is planning to sell its Polish online auction website Allegro, according to people with knowledge of the matter. The global Internet and entertainment group has hired Morgan Stanley to advise

Shares in technology and media giant Naspers came under selling pressure late on Friday afternoon after it announced plans to raise as much as US$2,5bn (about R36bn) through a capital-raising exercise. Shares in Naspers were trading down by almost 4% shortly

This week’s blistering attack on Google by 24.com, the Cape Town-based digital publishing arm of JSE-listed media and technology giant Naspers, in which it accused the US company of dodging taxes in South Africa, is just the latest such attack by a Naspers company. In 2011, Brazilian

When Naspers stumbled on a little-known Chinese Internet company in 2001, it could not have dreamed that a US$32m investment would account for more than 80% of the media conglomerate’s R200bn market cap now. Tencent Holdings is the largest Internet solutions provider in China and Naspers, which

Naspers is taking aim at the online classifieds market, launching Kalahariads.net, a completely free classified advertising service the media group hopes will allow it eventually to dominate the field in SA