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
Browsing: Naspers
In an unexpected move, Dimension Data’s Internet Solutions is getting into the retail consumer Internet market. IS said on Friday that it is acquiring Internet service provider MWeb Connect for an undisclosed
Naspers plans to expand in education software as Africa’s biggest company by market value searches for a repeat of the profitable bet it made on China’s Tencent. The owner of Africa’s biggest pay-television
Naspers’s video entertainment assets, which include DStv operator MultiChoice, have come under severe margin pressure as investment in ShowMax and weak currencies in many of its markets put downward pressure on its trading
Amazon.com is in talks to acquire Dubai-based online retailer Souq.com for about $1bn (R14,2bn) in a deal that will give the e-commerce giant a footprint in the high-growth Middle East market, according
Naspers expects its core headline earnings to rise by as much as 28% in the six months to end-September 2016 compared to the same period a year ago. The JSE-listed global technology and media giant said
Tencent Holdings, in which South African technology and media giant Naspers holds an approximately one-third stake, posted a 43% rise in third-quarter profit as its ability to attract Chinese gamers and social media mavens fuelled advertising growth. Net income climbed to
Naspers-owned video-on-demand platform ShowMax has announced it has reached an agreement to peer at the Teraco-managed Internet exchange point NAPAfrica, in Johannesburg. “Streaming video over the
Amazon.com is weighing a bid for a stake in Dubai-based online retailer Souq.com as the e-commerce giant seeks to expand in the Middle East, according to people with knowledge of the matter. The stake
DStv parent, pay-television operator MultiChoice, has announced it is cutting the price of ShowMax for subscribers to its most expensive bouquet. DStv Premium customers with an Explora personal