Naspers has announced it is investing a further US$250m (about R3,9bn) in Indian online travel venture ibibo Group. The investment will be focused on extending ibibo’s leadership position in the Indian hotels category and on additional
Browsing: Bob van Dijk
Naspers plans to sell 17,1m ordinary shares in order to raise US$2,5bn (about R36bn), the company announced on Friday. Naspers said in a statement that it will use the
It’s no surprise that Internet and media group Naspers on Friday announced a US$1,2bn (R16bn) deal to become the largest shareholder in Avito, the leading online classifieds platform in Russia, Mof Terreblanche, a director of Stonehage Investment Partners, said on Friday
South African media and technology giant Naspers on Friday morning announced it is upping its stake in Russian classifieds platform Avito from 17,4% to 67,9% in a deal valued at a whopping US$1,2bn (about R16bn). In a statement, Naspers said it invested initially
In a year of multibillion-rand investments, the deal that stands out for Naspers CEO Bob van Dijk is the a joint venture agreement reached with Scandinavian e-commerce rival Schibsted. It is a case of keeping your friends
In a world where the smartphone is becoming ever more dominant, the app store is becoming key to success for an e-commerce business, according to Naspers CEO Bob van Dijk. In 2014, the
Naspers chairman Koos Bekker said his decision to work without a salary when he was CEO helped him focus on building the value of the company, but he wouldn’t recommend it to everyone. In an interview with Fin24 at his Naspers office in Cape Town
It’s the end of an era. Naspers has announced that its long-serving CEO, Koos Bekker, 61, is stepping down as CEO. Bekker, who will stand down from the Naspers board for a year, will be succeeded by the media and technology group’s head of e-commerce