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2:10

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.

2:00
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.

3:00
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.

4:10
Jun 30, 2020

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.

2:30
Jun 19, 2020

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.

1:10
Jan 15, 2020

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.

3:00
Jan 13, 2020

Prosus, PayU create new digital lending firm in India

PayU says combining LazyPay and PaySense will help it to accelerate India’s alternative credit ecosystem.

3:30
Nov 25, 2019

R294bn bonanza for Naspers, Prosus

The companies report combined revenue of $20.1 billion for the six months ended 30 September.

2:40
Nov 11, 2019

OLX to invest R6bn in German online car marketplace

The online classifieds firm looks to invest $400 million in Frontier Car Group to become the company’s largest shareholder.

3:10
Sep 11, 2019

Naspers unit Prosus makes strong debut on Amsterdam, JSE

The company made an impressive start to its first trading day in Amsterdam and Johannesburg this morning.

4:30
Aug 26, 2019

CompCom unimpressed by Koos Bekker’s investment comments

The Competition Commission hits back at Naspers for calling the institution a hindrance to investment.

4:20

MultiChoice unbundling unlocks R57bn for Naspers

The consumer Internet group posts revenue of $19 billion after unbundling its video entertainment business operations.

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