naspers

Naspers to Inject R1 billion in ecommerce platform Takealot

by Staff Writer Africa’s tech and ecommerce giant Naspers has injected close to R1 billion in Takealot Online. Naspers said in a statement that the investment...

Is US-based Letgo Likely to Pay Off  for Africa’s Internet Giant Naspers?

by Gugu Lourie Africa’s Internet Giant Naspers’ R1.4 billion gamble into US-based second-hand marketplace app Letgo is an investment that many may have concluded that...

Naspers Invest R306 million in FarmLogs to Revolutionise Farming

by Staff Writer South Africa's Internet giant Naspers has plough in $22 million (R306 million) in US-based FarmLogs, the leading data science company that helps...

Naspers offloads Allegro for R46 billion

The decision to sell Allegro is consistent with its strategy to find and realise value for its shareholders.

Digital skills education firm Codecademy raises R431 million led by Naspers to fuel further expansion

New York-based Codecademy has secured a $30 million (R431 million) Series C investment led by Naspers through its Naspers Ventures division. By Staff Writer Codecademy’s...

 Brazil’s Movile raises R606 million funding through Naspers Ventures to enter ticketing industry

Movile, Latin America’s mobile commerce platform, on Tuesday announced it has raised R606 milillion ($40 million) in Series F funding from Naspers through its Naspers Ventures...

Naspers pumps R905 million into EdTech firm Udemy

Naspers through its Naspers Ventures division has invested $60 million (about R905 million) into a global marketplace for learning and teaching online firm Udemy. As a...

Naspers aims to take on Amazon, eBay on their home turf, and tackles US-based Netflix in Africa

If recent moves are anything to go by, Naspers is ready to compete with the best on the global stage. Bob van Dijk is making...

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...