Prosus has fully cut its stake in Chinese online travel agency company Trip.com, according to sources.
Browsing: Naspers
Naspers has urged South African regulators not to smother digital platforms with red tape.
Naspers expects e-commerce and other digital platforms to inject R91.4-billion into the South African economy by 2035.
A trade union-linked Canadian-based share association has taken new Naspers CEO Fabricio Bloisi to task.
Basil Sgourdos will retire as chief financial officer of both Naspers and Prosus at the end of November.
Naspers chairman Koos Bekker said the decline of newspapers marks the inexorable advance of technology.
Shein and Temu have exploited loopholes to undercut local e-commerce companies unfairly, Takealot said.
Naspers was buoyed by improved performance in e-commerce and contributions from China’s Tencent.
Parent Takealot Group is tracking in line with Naspers’s global e-commerce portfolio despite a tough macro climate.
Mark Todes is TechCentral’s guest in the final episode of season 1 of the popular TCS Legends podcast series.