Austria-based education technology start-up GoStudent has raised €300-million in a new round of funding led by Prosus.
Prosus CEO Bob van Dijk has purchased about $10-million of the company’s shares on the open market.
MTN Group had a barnstorming 2021. The telecommunications group, despite its size, was the best performer among technology shares in South Africa last year.
Tencent will hand a R258-billion JD.com stake as a dividend to its shareholders, raising questions about its plans for other holdings.
South Africa recorded R557.9-billion of foreign direct investment inflows in the third quarter of 2021.
Prosus plans to invest further in its fast-growing online car dealership business, expanding an e-commerce empire that already includes payments, food delivery and education.
Naspers first-half profit climbed 11%, driven by a large contribution from Chinese Internet giant Tencent.
There is excellent upside potential in Naspers and Prosus’s overall portfolio of assets outside of the celebrated stake in Tencent. By Marc Talpert.
The global meal delivery market is expected turn to a phase of consolidation in the coming months as players look…
Four-year-old South African stock exchange A2X expects to break even by 2023 as trading in the secondary listings it offers takes off.