Naspers, Prosus announce shock CEO departure
The companies say Bob Van Dijk has agreed to help with the transition and will continue to serve as a consultant to the group for another year.
Cape Town correspondent
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1:10
3:20
Naspers steers R54m into car subscription firm Planet42
Investment via Naspers Foundry and part of a R91m equity round.
3:50
Naspers propels M&A activity in Sub-Saharan Africa
Boosted by the $44.1 billion Naspers-Prosus share swap, the value of M&A transactions in the region reached $78.3 billion during the first nine months of 2021.
2:30
Naspers announces R34m insurtech investment
Company invests in digital insurance advice platform Ctrl.
3:40
Naspers’s e-commerce revenue outpaces Tencent
The company posts blowout e-commerce revenue growth of 55% for the year, outperforming the Chinese Internet giant, which posted 28% revenue growth.
2:20
Naspers invests R42m into transport-focused mobile tech firm
WhereIsMyTransport takes Naspers Foundry portfolio to five companies.
2:50
Prosus swoops on Stack Overflow in R24bn deal
The global technology investor enters into a definitive agreement to acquire the knowledge-sharing platform for developers and technologists.
3:40
E-commerce, food delivery services bolster Naspers revenue
Naspers’s food delivery businesses nearly doubled revenue growth, while e-commerce revenue grew 69%, boosted by Tencent and Takealot Group.
3:40
Naspers injects R45m funding into The Student Hub
Naspers reaffirms its commitment to helping increase growth in SA’s tech sector, with a multimillion-rand investment in the online learning platform.
2:00
Naspers's Prosus eyes US$5bn share buyback plan
In total, up to $5 billion in shares in Naspers and Prosus will be purchased on the open market on a pro-rata (72.5%/27.5%) basis.
1:50
Naspers-backed Luno in deal for crypto savings accounts
The exchange partners with Genesis, a provider of digital currency brokerage services, to enable traders to earn interest on their crypto holdings.
4:10
Naspers readies to weather COVID-19 storm with $22.1bn revenue
The company believes it is well-positioned to navigate the coronavirus uncertainty ahead after its revenue grew 23% for the year ended 31 March.