Another day, another moment to be in awe of Facebook’s ruthless genius. Facebook on Monday announced a way for people to use its Messenger texting app for group video calls. You may recognise this feature from the many
Browsing: Tencent
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
Naspers expects its core headline earnings to rise by as much as 28% in the six months to end-September 2016 compared to the same period a year ago. The JSE-listed global technology and media giant said
US President-elect Donald Trump made the vilification of China a key plank of his stormy campaign. Yet its technology giants are already figuring out how they can profit off his victorious White House bid
Tencent Holdings, in which South African technology and media giant Naspers holds an approximately one-third stake, posted a 43% rise in third-quarter profit as its ability to attract Chinese gamers and social media mavens fuelled advertising growth. Net income climbed to
Fifteen years ago, a South African media company invested US$34m in an obscure Chinese Internet developer. Today that stake is worth $88bn. All Naspers, now Africa’s most valuable company, has to do is figure out how
Tencent Holdings, in which South Africa’s Naspers has a 34% equity stake, has surpassed China Mobile to become the country’s most valuable corporation, underscoring the growing importance of a vibrant private economy
Just across the border from Hong Kong in southern China, two gleaming towers of glass and steel are rising in a city long known for its manufacturing prowess. This is the new headquarters for Tencent Holdings, a US$599m
Naspers is facing challenges from weaker African currencies and competition from US technology operators as the continent’s biggest company by market values tries to grow its Internet and pay-TV businesses. Foreign-exchange movements