China’s Tencent Holdings, in which JSE-listed Naspers owns a one-third stake, has bought 145.8m non-voting shares Snap, saying it plans to work closely with the social media company. In an SEC filing on Wednesday, the Snapchat
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Showmax is now available on Sony’s popular PlayStation 4 and PlayStation 4 Pro gaming consoles through a dedicated app, the Naspers-owned video-streaming company said on Wednesday. The app is currently only available in
Naspers said on Tuesday that its fintech investment division, PayU, is leading a funding round worth up to $115m in Remitly, an independent digital remittance company focused on the North American market. The Series D funding
Naspers should buy back its own shares to take advantage of the discount between Africa’s biggest company and its stake in Chinese Internet giant Tencent, according to veteran emerging markets investor
Naspers is spending €660m, or about R10.6bn, increasing its stake in one of Europe’s fastest-growing online food order and delivery businesses, Delivery Hero. For the money, Naspers is buying an additional 13% of the
Naspers is making its video streaming service Showmax available as a free value-added service to DStv Premium subscribers. An update to the DStv Now app, released on Monday, said Showmax
Naspers is an extraordinary company. In September 1994, it listed on the JSE at R19/share. Last month, it traded at…
Tencent Music Entertainment Group, controlled by China’s biggest social network operator, is seeking new funding at a US$10bn valuation ahead of an initial public offering, people familiar with the matter said. The operator
South Africa has a leadership problem. Our president and many members of his cabinet are so deeply compromised, that they are simply unable to be effective. This problem has been allowed to fester because nobody
Naspers CEO Bob Van Dijk said five years of heavy e-commerce investments are bearing fruit, which should prove to investors that the assets are worth more than they think. Van Dijk is seeking to show shareholders that