Prosus, the giant investor in online classifieds, food delivery and payments, expects to report a 16.9% to 22.7% growth in earnings per share for the six months to the end of September, it said on Monday.
Browsing: Naspers
MultiChoice Group has expanded its repertoire with an agreement to buy a 20% stake in Africa-focused sports-betting platform BetKing for as much as R1.8-billion.
MultiChoice Group said on Monday its core headline earnings per share (Heps) for the half year that ended 30 September will be between 40-45% higher than the corresponding period last year.
Naspers spin-off Prosus, which became Europe’s largest technology company this week, has always been something of a Gordian knot for investors.
Naspers’s European-listed Internet investment holding company Prosus announced on Friday that it plans to acquire up to $5-billion in both Naspers and Prosus shares in a massive share buyback programme.
The commission’s “Competition in the Digital Economy” paper says that South Africa doesn’t set up a regulatory framework, it could soon find itself trying to govern companies that have amassed huge power.
Uber Eats’ South African unit on Thursday expanded delivery offerings, launching an app-based over-the-counter medicines service as it seeks to gain market share in the fast-growing online shopping sector.
ByteDance has emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict US President Donald Trump’s statements about how the new entity will be directed by Americans.
A US judge on Sunday blocked the Trump administration from requiring Apple and Google to remove Chinese-owned messaging app WeChat for downloads.
Having built a customer base of five million in more than 40 countries since launching in Cape Town in 2013, Luno came to dominate the cryptocurrency market in South Africa and other countries.