Takealot’s surging growth underlines South Africa’s fast-rising e-commerce sector as it approaches 10% of total retail sales.
Browsing: Prosus
Prosus has reported a 99% surge in adjusted core profit, driven by strong performances in digital services and e-commerce.
Naspers has declared and finalised a five-for-one share split, saying the move will make the stock more accessible to investors.
Cobus Stofberg, a veteran of television broadcasting in South Africa, is retiring from the Naspers and Prosus boards.
Dutch technology investor Prosus plans to raise $2-billion through asset sales in the near term, its CEO said.
Technology investor Prosus gained EU antitrust approval on Monday for its bid for Just Eat Takeaway.
The Dutch technology investor, which is controlled by South Africa’s Naspers, owns 27% of Delivery Hero.
Naspers subsidiary Prosus is aiming to double its revenue over the next three years, its CEO said.
AI is being used across Naspers and Prosus subsidiaries for tasks ranging from fraud detection to customer recommendations.
TechCentral Nexus has a look at some of the biggest technology news stories from South Africa and the world over the last week.