Showmax and Vast Networks, the open-access Wi-Fi provider owned by Dimension Data and Naspers, have reached an agreement to provide zero-rated access to the streaming content provider’s shows and movies for
Browsing: Naspers
There’s only one stock in Asia that’s really mattered this year – Tencent Holdings, in which South Africa’s Naspers has a 33.2% stake. A 76% surge in its Hong Kong shares has lifted the company’s value by US$175bn (R2.3 trillion
Tencent Holdings posted a quarterly profit that surpassed all estimates as its marquee title Honour of Kings drove a 54% surge in mobile gaming revenue. China’s largest corporation reported a 70% surge in net income
Naspers’s conglomerate discount is widening. Its one-third stake in Tencent Holdings alone is now worth 27% more than the South African Internet company’s entire market cap. After a 70% increase in its stock so far this year
Two former high-flying IT services companies have been the laggards on the JSE in 2017 so far. EOH and Adapt IT have underperformed all other IT stocks, falling by 33.9% and 42.4% respectively to mid-August. The two companies have fallen
Alibaba and Tencent can count themselves among the world’s costliest technology companies after a stellar run. To justify those lofty valuations, China’s two largest corporations have to deliver on some of the riskiest bets they’ve
Beware of Beijing: that’s the lesson of Friday’s selloff in the shares of China’s most valuable company. Tencent – a stock-market favourite for its 66% surge this year – slid 4.9% in Hong Kong in its steepest drop since February 2016
This week’s podcast was recorded at Homemation in Sandton. Homemation is a specialist distributor of mid- to high-end audio/visual and home automation solutions. Show regulars Duncan McLeod and Regardt
Tencent Africa, a joint venture between China’s Tencent and South African-headquartered media group Naspers, have entered the competitive local music streaming market with a R60/month service called
Naspers shares rallied to an all-time high on Monday amid continued optimism over the growth prospects of its Chinese affiliate, Tencent. The share touched a new high of R2 873.93 in afternoon trade on the JSE, before