Naspers’s e-commerce revenue outpaces Tencent
The company posts blowout e-commerce revenue growth of 55% for the year, outperforming the Chinese Internet giant, which posted 28% revenue growth.
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.
NYSE flip-flops on delisting three Chinese telcos
The New York Stock Exchange has made another about-turn on its decision.
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.
Digital platforms are the new disruptor
A brief guide to leveraging networks for business, by Terry White, executive consultant at Netsurit.
US steps up efforts to purge Chinese tech companies
Secretary of state Mike Pompeo extends Washington’s 5G “Clean Path” programme to encompass carriers, app stores, cloud computing and subsea cables.
COVID-19 eats into Naspers’s earnings
While the global pandemic has negatively impacted some operations, all key e-commerce segments made good progress, says the company.
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.
Naspers pledges R1.5bn for coronavirus fight
The company commits R1.5 billion in emergency aid to government’s response to the COVID-19 crisis.
One app to rule them all: Rise of the super app
Now is the perfect time to get in on the super app game, establishing your company as a preferred partner or supplier early on.
Ten tech giants join forces to beef up data security
The Linux Foundation has announced the formation of the Confidential Computing Consortium which aims to make it easier to protect sensitive data cross different computing environments.