Naspers will invest a further $500-million into US mobile classifieds platform letgo. Duncan McLeod interviews Naspers CEO Bob van Dijk and letgo co-founder Alex Oxenford about the investment.
Browsing: Bob van Dijk
Naspers is considering the listing of certain parts of its sprawling global media and technology business outside South Africa as the continent’s largest company by market value seeks to reduce its size.
Naspers has put aside the proceeds of share sales in Chinese Internet giant Tencent and India’s Flipkart to pay for new investments due to the abundance of opportunities in its preferred media and technology markets
Naspers expects to report an increase in earnings for its most recent financial year, bolstered by Chinese Internet giant Tencent and various e-commerce businesses. Core headline earnings per share, which exclude
Naspers is cashing in a sliver of one of the greatest venture capital investments ever. The Cape Town-based company is selling R126bn of shares in Tencent Holdings, equal to 2% of the stock in the Chinese operator