Just across the border from Hong Kong in southern China, two gleaming towers of glass and steel are rising in a city long known for its manufacturing prowess. This is the new headquarters for Tencent Holdings, a US$599m
Browsing: Naspers
A few feathers were ruffled at the ordinarily calm Naspers annual general meeting of shareholders on Friday, causing a former director to walk out and suggest other shareholders follow and chairman Koos Bekker to threaten to evict an activist
Naspers is facing challenges from weaker African currencies and competition from US technology operators as the continent’s biggest company by market values tries to grow its Internet and pay-TV businesses. Foreign-exchange movements
ShowMax, Naspers’s video-on-demand streaming service, has turned one and has refreshed its logo, which now also includes colour. ShowMax says the logo change from the framed black and white logo used in
Tencent Holdings, in which South African media and technology group Naspers holds a 34%, posted a second quarter profit that beat analysts’ expectations as the company lined up more mobile games and media
The number of pay-television subscribers in Africa will reach 30m by 2021, almost double 2015’s 16m, according to new research. Data published by Dataxis suggests digital satellite pay-TV subscribers will
Naspers increased the compensation of CEO Bob van Dijk by 5% as the company prepares to further boost its international Internet business in the face of falling pay-television customers in sub-Saharan Africa. Van Dijk was paid US$1,67m
Messaging app WeChat is heavily focused on the take-up of its wallet technology in South Africa this year, says the app’s head of Africa, Brett Loubser. WeChat, which is owned by Chinese Internet giant Tencent, rivals competitors such
Naspers named Akash Bhatia chief financial officer of its ShowMax video streaming business as Africa’s biggest company by market value expands the service to 36 new countries in a challenge to Netflix, which is also growing in the
Naspers is seeking to further boost its international Internet business as it grapples with falling pay-television subscription numbers in sub-Saharan Africa. The company, which usually spends half a billion dollars