Naspers unit Prosus to sell 2% Tencent stake
The company intends to use the proceeds of the sale to increase its financial flexibility to invest in growth, plus for general corporate purposes.
Naspers sets sights on ‘exciting’ edutech sector in Africa, Asia
The global Internet titan says it has a gripping business case, and potential for the sector is compounded by Africa and Asia placing a premium on education.
Naspers leads R253m funding in agritech start-up Aerobotics
The Series B investment will further technology development and product delivery in the US and Aerobotics’s other core territories.
Legislation blocks start-up investments, says Naspers SA CEO
Investments in SA’s tech start-up ecosystem remains nascent due to regulations that are not conducive to international funding, says Phuti Mahanyele-Dabengwa.
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.
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.
Naspers's Prosus eyes $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.
Naspers’s Prosus leads R246m investment in Mexican digital bank
The early-stage venture investor makes its first investment in Mexico, leading a $15 million Series A funding round in Klar.
Food services marketplace gets Naspers backing
The Internet giant’s early-stage tech investment vehicle invests an undisclosed amount in Food Supply Network.
New York-based Digital Currency Group snaps up Luno
The SA-founded crypto exchange has been acquired by Digital Currency Group, a global enterprise that builds, buys and invests in blockchain companies.
Futuregrowth invests in tech-start-up SweepSouth
The local tech start-up attracts a new investor, as asset manager Futuregrowth joins other backers with a fresh investment.