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NASPERS AND TENCENT
Naspers chairman Koos Bekker says company has no plans to sell Tencent stakeThe 26% stake in Tencent, valued at around $100 billion, forms the bulk of the value of both companies.- Dutch tech investor Prosus to end cross-holding with parent NaspersThe cross-holding had been set up in 2021 via a share swap deal under which Prosus issued new shares to buy a 45.4% stake in Naspers, effec...
- South African tech investor Naspers' profit slumps on lower Tencent contributionNASPERS-S.Africa tech investor Naspers' profit slumps on lower Tencent contribution
- Prosus posts $617 million ecommerce trading loss, H2 sees improvementNet profit fell to $10 billion from $18.6 billion, mostly due to a worse performance by Chinese software giant Tencent, in which Prosus own...
- Tencent shares slump as Prosus seen to step up sellingThe internet company’s shares dropped 5.2% to HK$357.2 in Hong Kong, the most since late January, after news that Prosus planned to deposit...
- Naspers, Prosus to sell Tencent shares to fund buybacksThe programme would be funded by on-market sales of Tencent's shares held by the two companies, Tencent said.
- Prosus plans to raise stake in parent Naspers to 50% in share swap dealThe Prosus-Naspers share swap deal will move part of their shareholding in China's Tencent Holdings to Amsterdam in The Netherlands from Jo...
- Naspers to bet on machine learningNaspers has taken stakes in myriad businesses around the world to try and replicate its success with Tencent, which it backed as a startup ...
- Naspers is said to eye fintech deals in $1 billion India pushNaspers is the largest shareholder has around $9 billion in cash after trimming its stake last year and selling Indian e-commerce startup F...
- USD 600 million investment in Swiggy reflects commitment to multiple sectors in India: NaspersNaspers' investment made up the bulk of a USD 1 billion investment in Swiggy, announced on Thursday, that also included Chinese giant Tence...
- Naspers is said to plan further investment in $2 billion SwiggyAfrica’s largest company by market value has indicated that it intends to support a financing that could raise more than $600 million, Swig...
- Naspers scores! South African company notches Flipkart winThe move helps to line the pockets of the media and technology company, which is scouring the globe for investments to convince shareholder...
- Naspers hits the market with $10 bn from Tencent stake saleNaspers plans to use the capital to scale and consolidate its position in "core ecommerce segments" globally.
- A company's 60,000% runup leads to one of the biggest VC payoffs everThe stake Naspers bought for just $32 million in 2001, when Tencent was an obscure Web firm in a nation where few people used the Internet,...
- Naspers lines up billions for tech investmentsNaspers has become one of the world’s largest investors in e-commerce ventures as it tries to build on the success of its early stage inves...
- With investments in Flipkart, Ola, Asia's tech scene gets a new Warren Buffett at TencentLike SoftBank and Naspers, Tencent has been on an acquisition spree, spending some $50 billion on stakes in companies from Flipkart to Ola.
- South African media conglomerate Naspers invests another $250 million in Ibibo GroupFollowing this latest round of investment, Naspers will hold about 90% stake in the nine-year-old company.
- ibibo Group to receive $250 million investment from NaspersThe investment will be focused on extending ibibo's presence in the Indian hotels category and on additional technology innovations, ibibo ...
- South African media giant Naspers looking to India for growthNaspers has decided that it wants to focus its investments in areas with strong internet growth potential rather than in mature markets thr...
- Koos Bekker’s fortune was founded on one investment in China’s TencentIn 2001 Naspers, the media group he chairs, put $32 million into a then-obscure Web company called Tencent. Its stake today is worth $66 bn.
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