The Naspers unit gave up its stake in Russia’s largest social network for nothing, walking away from the company.
Browsing: Naspers
Takealot Group is pushing further into townships and growing its new grocery partnership to defend its market share, its CEO said.
Naspers has rubbished an report that it is in talks with a Chinese investment company to sell all its remaining shares in Tencent.
Tencent is on track to close at its lowest point in five years as investor sentiment turned negative over China’s macro outlook.
Prosus, the Dutch-based technology investor owned by Naspers, said it has agreed to sell its Russian online marketplace Avito.
Naspers-controlled technology investor Prosus has terminated its agreement to buy Indian payments platform BillDesk.
Cape Town-based on-demand home cleaning and services platform SweepSouth has raised a further $11-million in funding, this time led by Alitheia IDF.
Tencent shares worth $7.6-billion have appeared in Hong Kong’s clearing and settlement system, spurring speculation.
For early backers, including Naspers, they’ve been some of the most profitable Chinese stock investments of all time.
The Naspers-controlled Internet investment firm has agreed to pay as much as €1.8-billion to acquire a further 33.3% stake in Brazil’s iFood.