Just 10 years ago, publishing and media accounted for 89% of Naspers’s revenue. Today, 79% of its revenue is derived from e-commerce and Internet businesses – and is growing.
Browsing: Bob van Dijk
Bob van Dijk is rolling in the riches. The CEO of Naspers received almost R1.5-billion in salary, bonuses and vested share options and appreciation rights, during the 2018 financial year, which ended on 31 March.
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
Africa’s largest company just chalked up another major investment coup. Naspers has netted a cool US$1.6bn profit from the sale of its 11% stake in Indian e-commerce startup Flipkart, a deal almost as lucrative
Late on Friday, Naspers CEO Bob van Dijk and chief financial officer Basil Sgourdos spoke to analysts about the group’s decision to sell 2% of its stake in Chinese Internet giant Tencent. Van Dijk explained the rationale
Naspers, frustrated that investors give it no credit for its investments other than a stake in Chinese Internet behemoth Tencent, is considering listing some businesses on the stock market to highlight their value
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
Was MultiChoice justified in ending its contract with formerly Gupta-owned 24-hour news channel ANN7? Did the broadcaster use the deal to try to influence government policy? Did it bully the SABC to try
MultiChoice admitted on Wednesday that “mistakes” were made in contractual negotiations with the formerly Gupta-owned 24-news channel ANN7 and that the agreement will be terminated when the deal expires in August 2018. The channel