We’re pretty used to hearing outlandish valuations on Internet companies that, if they were people, would be barely out of nappies. It happened during the first dot-com boom, and it’s happening again now. But news that Facebook is
Browsing: Tencent
The Naspers growth story continues apace. The technology and media group said on Thursday that expects core earnings per share to leap by up to 35% in the six months to 30 September 2010. The news sent the group’s share price
JSE-listed media group Naspers will fork out R2,9bn and give up its stake in Mail.ru in exchange for a 28,7%…
Pay-TV competition? What pay-TV competition? Naspers-owned MultiChoice grew its SA subscriber base by 450 000 to 2,8m homes in the 2010 financial year. And it added 1,1m new subscribers in other African markets. SA consumers, it would appear, weren’t tempted to put off their purchasing decisions until after the May launch of On Digital Media’s TopTV, the first direct competitor to MultiChoice