10 Aug

Naspers creates VOD unit as Netflix rivalry heats up

The company establishes the over-the-top video unit in a bid to counter stiff competition for video-on-demand from global players such as Netflix.

8 Aug

Naspers appoints CEO of Connected Video unit

The company names Niclas Ekdahl CEO of the recently formed Connected Video unit that runs the Showmax and DStv Now Internet TV services.


Cape Town tops as tech employment hub

The region's tech entrepreneurial ecosystem shows promise to be a key driver of economic growth and job creation, and is already the most productive tech sector in Africa.

27 Jul

Naspers considers listing some e-commerce units

Naspers could list some of its e-commerce ventures in Hong Kong or New York, says CEO Bob van Dyk.

25 Jul

PayU acquires Israeli payments tech firm

The deal supports PayU's expansion into high growth markets and targets the $994 billion opportunity in cross-border payments.

Jun 25, 2018

Naspers spends R28bn in acquisitions last year

The global Internet and entertainment group spent over $2 billion over the past financial year investing in e-commerce, food delivery businesses, travel and fintech.

Jun 22, 2018

Naspers earnings boosted by Tencent, once again

The global Internet and entertainment group saw full year revenue increase 38% while core headline earnings rose 72%, boosted by e-commerce and Tencent.

Jun 18, 2018

Spree, Superbalist to merge

The online fashion brands have announced a merger which will be effective next month.

Jun 12, 2018

Eat Out introduces restaurant review app

The app has been developed to find restaurants nearby using geolocation technology.

May 10, 2018

Naspers sells Flipkart stake to Walmart for $2.2bn

The South African Internet and entertainment firm sells its entire 11.18% stake in Indian e-commerce firm Flipkart to Walmart for $2.2 billion.

May 9, 2018

Naspers sells stake in Flipkart

Naspers has sold its 11.18% stake in Flipkart to Walmart for $2.2 billion.

Mar 23, 2018

Tencent loses $24bn in market cap after Naspers' selldown

China's Tencent saw its shares down 4.51% today after its largest shareholder said it would lower its stake for the first time in 17 years.

Related topics