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.

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.

Aug 1, 2017

Snapdeal calls off sale to Flipkart

India's Snapdeal decides to remain independent, ending months of talks regarding an acquisition by Flipkart.

Apr 11, 2017

Flipkart raises $1.4bn to fight Amazon

The Indian e-commerce company raises $1.4 billion in a bid to dominate the country's online retail market.

Apr 10, 2017

Snapdeal founders reassure amid takeover speculation

In an e-mail to staff, the e-commerce company says it will ensure there is no disruption to staff" as the way forward becomes clear".

Mar 30, 2016

India approves foreign investment in e-commerce

After years of protectionist policies, India approves 100% foreign investment in its e-commerce sector.

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