Browsing: Naspers

WeChat, China’s most popular social media and messaging service, has launched a new bid in Europe and the US to develop its payments offering and win new advertisers. Owned by Tencent Holdings, in which South Africa’s

Amazon.com has agreed to buy Dubai-based online retailer Souq.com, whose shareholders include Naspers and Tiger Global Management, betting that e-commerce in the Middle East is poised to take off. The US e-commerce

Tesla has won a vote of confidence from Chinese Internet giant Tencent Holdings, whose purchase of a 5% stake boosts Elon Musk’s ambitions to get his mass-market Model 3 electric sedan to buyers this year. Tencent paid about US$1,8bn

Naspers-owned ShowMax and mobile operator Vodacom have partnered to offer “free” data for watching shows on the video-on-demand platform. Effective immediately, ShowMax is offering three months of data, adding

One of the ANC discussion documents, published at the weekend ahead of the party’s national policy conference to be held from 30 June to 5 July 2017, has warned that efforts to license competition to DStv parent

Netflix and ShowMax rival Iflix, which is promising a lower-cost alternative video-on-demand service, will be launched in South Africa and six other African countries, including Kenya and Nigeria. The platform, which until now has focused

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

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