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
Browsing: Naspers
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
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