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NASPERS TRAVEL INVESTMENTS
Prosus eyes growth across private and public markets: Gaurav KothariProsus recently made its first investment in a listed Indian firm, acquiring a 10.1% stake in Ixigo, the parent of travel platform Le Trave...- Prosus buys additional stake in Ixigo; Peak XV, Elevation sell sharesDutch investment firm Prosus has significantly increased its stake in Ixigo's parent company, Le Travenues Technology, by acquiring an addi...
- Prosus buys 10% of Ixigo parent for Rs 1,296 crore; in talks to acquire additional stake from early investorsIxigo's parent company, Le Travenues Technology, is selling a 10% stake to Prosus for Rs 1,295 crore. The deal involves selling over 4.62 c...
- India continues to be a big growth driver for NaspersTerming FY19 as “transformational”, the company said almost all its revenue came from online activities.
- Naspers exits MakeMyTrip, leaves Ctrip largest stakeholder in portalChinese co will hold 49% in Indian travel operator; Naspers to get 5.6% in Ctrip after share swap.
- 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 bullish on food delivery, classifieds, fintech: Bob van DijkNaspers recorded a $2.2 billion exit from Flipkart, India’s largest domestic online retailer, post the latter’s acquisition by Walmart earl...
- Naspers exits B2B platform Travel Boutique OnlineTBO offers services such as airline, train and hotel reservations and holiday package deals to travel agents and acts as an aggregator of t...
- 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.
- With 47 per cent of total volume, India is gateway for PayUThis comes at a time when PayU is betting big on its India business which is set to turn profitable in the next two months, EThad reported ...
- B2B travel co Travel Boutique Online has a clutch of PE suitorsInvestment in Travel Boutique Online could potentially provide Naspers a blockbuster exit
- Naspers scouts for buyers to exit travel boutique onlineNaspers is said to have approached online travel services providers MakeMyTrip and Yatra, as well as financial investors for its stake in t...
- Naspers wants more of India, opens VC arm in hunt for goldThe firm has roped in Ashutosh Sharma, who till recently was with the India team of Silicon Valley-based venture capital firm Norwest, to l...
- 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 ...
- PayU appoints Aakash Moondhra as its global CFOIn a career spanning over 20 years, Moondhra has worked with companies including, AT&T, Baring Private Equity and Bharti Group in various c...
- 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.
- South Africa’s Naspers may acquire RedBus; deal values bus ticket website at $100 mnNaspers may pay a rich valuation for RedBus — almost ten times its $10-million net revenue — given that the latter is a strong leader in do...
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