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.

Feb 19, 2021

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.

Jan 20, 2021

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.

Nov 24, 2020

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.

Nov 23, 2020

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.

Nov 18, 2020

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.

Oct 30, 2020

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.

Oct 21, 2020

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.

Sep 17, 2020

Food services marketplace gets Naspers backing

The Internet giant’s early-stage tech investment vehicle invests an undisclosed amount in Food Supply Network.

Sep 9, 2020

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.

Jul 15, 2020

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.

Jun 30, 2020

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.

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