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Naspers wants more Swiggy; said to plan further investment in food delivery...
JOHANNESBURG — Naspers has always been more than just a Tencent investment with the group gobbling up online ventures across the globe. It’s just hard to shake off that hoodoo, when the Chinese...
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Naspers isn’t the only food delivery fan – The Wall Street Journal
Naspers recently said it plans to increase its stake in Indian online food delivery group Swiggy, arguing that food delivery will be a key growth area. This article is exclusive to Biznews Premium....
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Naspers shuffles in leadership team for soon to be listed MultiChoice group
Naspers media statement Naspers today announced the executive leadership team for the newly formed MultiChoice Group (formerly Naspers’ Video Entertainment business). Calvo Mawela has been appointed...
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Here’s what the WSJ thinks of Naspers – The Wall Street Journal
Naspers attracted global attention earlier this year when it sold down a chunk of its Tencent stake, building itself a huge, $10 billion war chest. This article is exclusive to Biznews Premium....
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Naspers heeds Ramaphosa investment call, injects R4.6bn in SA
JOHANNESBURG — The Investment Summit, being held in Sandton, is starting to prompt local businesses to join their international counterparts in injecting much-needed cash into the SA economy. One...
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Tencent takes steps to woo parents with child health moves
Chinese online game giant and core Naspers holding Tencent is looking to offer parents a helping hand by limiting gaming time for children under 12. This article is exclusive to Biznews Premium....
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Naspers numbers are deteriorating, warns Ted Black
EDINBURGH — Naspers is a critical component of many South African investment portfolios. And, heavily weighted on the Johannesburg Stock Exchange, Naspers influences the main market indices. Naspers is...
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Who is killing Tencent? Plummeting share price alarms investors
Government regulations are impacting on the business, says The Economist in response to a Chinese business news site article that asks: "Who is killing Tencent?". This article is exclusive to Biznews...
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Tencent strikes back with strong results – The Wall Street Journal
Chinese gaming giant Tencent, which has been a star investment for Naspers, has been under pressure recently - its share price has fallen on growth fears. This article is exclusive to Biznews Premium....
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BN Confidential: Naspers-type opportunity beckons via Discovery
Adrian Gore said Discovery’s shared value model is based on the company winning when those covered by its policies benefit. This article is exclusive to Biznews Premium. Members please login here. Not...
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Naspers half year earnings up 39%, classifieds turn profitable
Naspers media statement Group highlights: Revenues increased 29% year on year to $11bn (2017: $9bn). Trading profit grew 34% year on year to $2bn (2017: $1.7bn) Core headline earnings grew 39% to...
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Naspers eyes big investments in months to come – CFO
JOHANNESBURG — Having a $10bn war chest is making life that much easier for Naspers when it comes to going out there into the world and hunting for the next Tencent-like success story (or something...
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Naspers buys into Byju, India’s hottest edtech startup
JOHANNESBURG — With the global population continuing to expand at a rapid pace and the need for equal education being more pressing than its ever been, there are businesses that are cleverly filling...
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Naspers hands A2X ‘Big Win’, 15th listing since launch
By Roxanne Henderson and Colleen Goko (Bloomberg) – Naspers Ltd. will start trading on South Africa’s A2X Markets for secondary listings next week, the greatest prize yet for the upstart bourse as it...
View ArticleTencent joins Naspers in $1bn funding for India’s Swiggy
By Loni Prinsloo (Bloomberg) – Tencent Holdings Ltd. joined Naspers Ltd. in a $1bn investment in Indian food delivery service Swiggy, which gains a potentially valuable ally in China’s largest social...
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China lifts games ban; but too late for Fortnite to boost Tencent
EDINBURGH — Tencent, the stock underpinning more than a decade of rip-roaring returns for Naspers, has received a welcome boost from the Chinese government. A hold on approving games has been lifted,...
View ArticleBlow for Naspers as China maintains freeze on Tencent video games
EDINBURGH — Many analysts were optimistic that Tencent, Naspers’ bedrock, would ride through the stock market volatility that erupted after China took a tough stance against global tech companies...
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Tencent N26: Naspers catches ride on valuable fintech startup
EDINBURGH — Tencent, the bedrock of Naspers, has seen its investment in German banking app N26 rise in value considerably. N26 has been billed as one of Europe’s most valuable non-listed fintech...
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Ted Black on BCG value report, why Naspers is Tencent’s Oxpecker
JOHANNESBURG — Ted Black, in this article, returns to his sharp insights and focus on the concept of Return On Assets Managed (ROAM). It’s a topic that he is quite the astute expert in and in this...
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Naspers sets date for MultiChoice listing
*This content is brought to you by Naspers The unbundling and listing of MultiChoice will result in Naspers shareholders holding a direct interest in the video entertainment business Naspers expects to...
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