Iflix, a video streaming service with customers mostly in Southeast Asia, raised US$90m (about R1,2bn) in a round led by telecommunications giants Liberty Global and Kuwait-based Zain to take on Netflix and Naspers, which owns ShowMax, in Africa
Browsing: Naspers
Naspers-owned video-on-demand platform ShowMax has made its debut in a European country, launching services in Poland on Wednesday. The Warsaw-based team responsible for the expansion is led
Naspers’s video-on-demand platform, ShowMax, has launched a lower-priced bouquet with a strong focus on local content. The new bouquet, which is available exclusively to Vodacom customers, costs R49/month
Cape Town-based Silvertree Internet Holdings, the parent of price comparison website PriceCheck, has acquired a similar business in Nigeria, TopCheck, for an undisclosed sum. The move, Silvertree said, creates Africa’s largest online
Naspers-owned Internet video-on-demand service ShowMax should now be much quicker and more responsive in Kenya. This is after the company partnered with Seacom to put caching servers on the ground in the East African nation. The servers are located
Tencent Holdings’ messaging services were by far the most popular Chinese mobile apps in 2016, leading steady growth in the world’s largest Internet and smartphone market, the government’s online industry overseers said on Sunday. WeChat remained the most
Mobile network operators need to adopt content-intensive strategies because “over-the-top” services will continue to impact their average revenue per user negatively. Cell C has responded to these threats by hosting mobile
Naspers, Africa’s biggest company by market value, is seeking partnerships with mobile phone operators on the continent to boost its video-on-demand business and help compete with US giant Netflix. The owner of Africa’s biggest pay-TV provider
Amazon.com and India’s Flipkart Online Services have walked away from talks to acquire Dubai-based Souq.com after disagreeing over price, according to two people with knowledge of the matter. The e-commerce business is now seeking
For a clue on how bearish foreign investors have become about Chinese stocks, take a look at Tencent Holdings, in which South Africa’s Naspers holds a roughly one-third stake. The Shenzhen-based technology giant has tumbled 13% from its