Media and technology group Naspers is said to be planning a video-on-demand rival to Netflix, and may be intending to announce the new service at a media conference in South Africa as early as next week. Naspers owns MultiChoice, which operates
Browsing: Naspers
A support group for victims of apartheid on Tuesday called on Media24 and Naspers to create a fund for victims of gross human rights violations after the media company apologised for its role in apartheid on Saturday
Media24 CEO Esmare Weideman has apologised for Naspers’s role in apartheid. “We acknowledge complicity in a morally indefensible political regime and the hurtful way in which this played out in our newsrooms
Naspers is leading a US$4m (about R50m) funding round in Bitcoin start-up BitX. The investment is being made through Naspers payments subsidiary PayU, with BitX’s existing investor, Barry Silbert’s Digital Currency Group, also participating in the round
In a year of multibillion-rand investments, the deal that stands out for Naspers CEO Bob van Dijk is the a joint venture agreement reached with Scandinavian e-commerce rival Schibsted. It is a case of keeping your friends
In a world where the smartphone is becoming ever more dominant, the app store is becoming key to success for an e-commerce business, according to Naspers CEO Bob van Dijk. In 2014, the
Naspers’s video entertainment and Internet businesses showed strong growth in revenue in the year to March 2015, but earnings were once again underpinned by Chinese Internet group Tencent. This as the group
Naspers said on Monday that its core headline earnings, a measure the board considers a reliable indicator of sustainable operating performance, grew by 30% to R11,2bn, up from R8,6bn in 2014
Depressed economy? What depressed economy? MultiChoice, which owns DStv, M-Net and SuperSport, has turned in another strong financial performance for the year ended 31 March 2015
Earlier this week, a senior portfolio manager at a London asset manager sent out a note detailing a recent trip he had taken to the US. The purpose of the visit was to meet with some of the top fund managers there to discuss managing assets for clients