BUSINESS TECHNOLOGY MEDIA FOR AFRICA
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18 Sept 2023

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.
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21 Dec 2021

Naspers steers R54m into car subscription firm Planet42

Investment via Naspers Foundry and part of a R91m equity round.
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13 Oct 2021

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.
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21 Jul 2021

Naspers announces R34m insurtech investment

Company invests in digital insurance advice platform Ctrl.
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21 Jun 2021

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.
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Naspers invests R42m into transport-focused mobile tech firm

WhereIsMyTransport takes Naspers Foundry portfolio to five companies.
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3 Jun 2021

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.
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23 Nov 2020

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.
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18 Nov 2020

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.
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30 Oct 2020

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.
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7 Aug 2020

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.
 
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