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.
Naspers eyes bigger market share in educational tech
The company strengthens its education tech business through expansion and investing a further combined R1 billion in two start-ups.
Naspers readies to weather COVID-19 storm with $22.1bn revenue
The company believes it is well-positioned to navigate the coronavirus uncertainty ahead after its revenue grew 23% for the year ended 31 March.
Naspers invests R100m in agritech start-up Aerobotics
Early stage business funding initiative Naspers Foundry invests in Aerobotics, founded by James Paterson and Benji Meltzer in 2014, specialising in the application of artificial intelligence in agriculture.
JOOX eyes other African countries as it charts expansion
The music-streaming app lauds its deep ties with the local music community for the strides it has made in the South African music industry.
Naspers delivers protective gear for front-line healthcare workers
The Internet giant makes good on its billion-rand commitment to help protect local medical staff during the coronavirus fight.
Google commits $800m to support small businesses, governments
Of the total $800 million, over $200 million will go towards an investment fund that will provide financial support for small businesses amid the COVID-19 outbreak.
Tribunal prohibits Naspers’s OLX, WeBuyCars merger
The competition watchdog says the proposed transaction should be prohibited as it is likely to prevent or lessen competition.