Naspers propels M&A activity in Sub-Saharan Africa
Boosted by the $44.1 billion Naspers-Prosus share swap, the value of M&A transactions in the region reached $78.3 billion during the first nine months of 2021.
Prosus bids $4.7bn for Indian fintech firm BillDesk
The proposed PayU deal will create a financial ecosystem handling four billion transactions annually.
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.
Prosus nabs another edutech firm in R35bn deal
The GoodHabitz acquisition provides enterprise clients with cost-effective soft skills, such as leadership and management, and digital learning content.
Prosus swoops on Stack Overflow in R24bn deal
The global technology investor enters into a definitive agreement to acquire the knowledge-sharing platform for developers and technologists.
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'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.
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.
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.
R995.8m windfall for Naspers CEO Bob van Dijk
Van Dijk exercises share appreciation rights in the Naspers Global e-commerce share appreciation rights plan.