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
3:50
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.
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
Prosus acquires European e-learning firm for €212-million
Naspers spin-off firm acquires majority stake in edtech company GoodHabitz.
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.
2:30
Prosus announces accelerated offering of Tencent shares
We have informed Tencent of our intention, which is understood and supported by Tencent says Prosus CEO Bob van Dijk.
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.
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.
2:10
Naspers to list Prosus on Euronext Amsterdam in September
Naspers expects to own at least 73% of Prosus and the free float is expected to be up to 27%.