Naspers said on Friday that it will invest R1.4-billion to help South African technology entrepreneurs grow their start-ups and will invest R4.6-billion over the next three years in the local technology sector.
Browsing: Naspers
Naspers has announced a management shake-up at MultiChoice, with the creation of a new MultiChoice Group business (formerly Naspers Video Entertainment), which will be headed by Calvo Mawela.
Naspers is planning to increase its stake in Indian online food delivery business Swiggy as the start-up plots its third fundraising round of the year, according to people familiar with the matter.
South African insurance technology company Click2Sure, founded by former Naspers executives, said on Wednesday that it has secured funding from Nasdaq-listed Greenlight Capital Re.
MultiChoice said on Monday that it is adding the Joox VIP streaming music service as a free value-add to DStv Premium, Compact and Compact Plus subscribers.
South Africa’s largest online retailer, Naspers-controlled Takealot.com, is said to be planning a Gauteng customer collections centre located on the N1 bridge at New Road in Midrand.
Is it time to catch the global stock market’s biggest falling knife? For watchers of Tencent Holdings, whose largest shareholder is South Africa’s Naspers, it’s an increasingly pressing question.
Naspers, whose share price has fallen in tandem with affiliate Tencent, in which it holds a 31.2% stake, offers “significant value at these levels”, Ashburton Investments said on Wednesday.
While Tencent is cutting the number of business groups to six from seven, the company is actually adding to its structure.
On TalkCentral this week, Duncan McLeod and Regardt van der Berg unpack Naspers’s decision to unbundle MultiChoice to shareholders and list it on the JSE. What does this mean for the future of the pay-television operator?