Browsing: Bob van Dijk

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

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