naspers

Naspers makes its first foray into education technology sector through investment in Brainly

South African-based Naspers on Wednesday announced its first investment targeting the Education Technology (EdTech) market. Through its Naspers Ventures division, the company led a...

Naspers invest R3.9bn into India’s ibibo

South African based media and ecommerce conglomerate Naspers announced on Wednesday that it has invested $250 million (R3.9 billion) into ibibo, an Indian online...

Naspers writes off R400m Welkom Yizani debt

Shareholders of Welkom Yizani Investments received an unexpected boon when the board of directors announced on Monday that Naspers has agreed to write off...

Naspers taps Le Moal as PayU CEO

Global media and internet firm Naspers  has tapped Laurent Le Moal, former PayPal Europe VP, as the new global CEO of its payment services platform PayU....

Naspers’ revenue surges 24% to R74bn

Online businesses helped spur on a 24% year-on-year revenue growth at internet and media giant Naspers. By Gareth van Zyl, NewsAgency In its interim results announcement...

Naspers offloads R2.7bn Czech retailer

JSE-listed global internet and media company Naspers has offloaded a $201 million (R2.7 billion) Czech-based online retailer. By Staff Writer The South African-based firm sold its shareholding...

Naspers spend R16bn to buy stake in Avito

  JSE-listed global internet and media firm Naspers on Friday announced a $1.2 billion (R16 billion) deal to become the largest shareholder in Avito, an online classifieds...

Naspers appoints Imtiaz Patel as CEO of Video Entertainment

Naspers, South Africa's media and ecommerce group, has rejigged management to help position the company ahead of competition for video entertainment in South Africa...

Naspers R1.4bn bet on letgo to tackle US classified

South Africa’s Naspers, a multinational group of ecommerce and media brands, is ‘taking a big bet’ on a US-based start-up letgo, which was recently launched...

Biggest takeaways from Naspers earnings

By Gugu Lourie Naspers, a multinational group of ecommerce and media brands, posted a 30% rise in core headline earnings to R11,2 billion for the...

Why Naspers Koos Bekker forfeited his salary?

By Matthew le Cordeur Naspers chair Koos Bekker said his decision to work without a salary when he was CEO helped him focus on building...

Koos Bekker rejoins Naspers as chair

South African media tycoon and self-made billionaire Koos Bekker has rejoined Naspers as a non-executive chairman. Bekker - who stepped down as CEO of Naspers early...

Thank You, Readers: TechFinancials Is Turning Five

It’s a pretty momentous occasion for us here. We are turning five, and it’s nice to look back at the first five years we had,...

SA’s AlphaCode Invest in Luno, a Global Bitcoin Platform

By Staff Writer  Global bitcoin platform Luno announced on Tuesday that it has received R120 million investment and revealed its expansion plans into 35 new...

African Streaming Market Faces Shakeup as US-based Firm Seeks Local Partners 

The African streaming industry could be in for an even greater shake up as US-based streaming player MatrixStream seeks to collaborate with Telcos and...