Naspers Boosts South Africa Investments Ahead of Amazon Arrival

[ad_1] Naspers Ltd., Africa’s largest company by market value, is boosting investment into its South African online retailer ahead of Amazon.com Inc.’s entry into the country’s fast-growing ecommerce market. “We…

Naspers, Prosus expect strong first-half profit growth | Business

[ad_1] In 2019, Naspers launched Naspers Labs, a development programme that provides young people with the training and skills to pursue tech careers. In a trading statement for the six…

Visa, Mastercard Want a Slice of Africa’s Mobile Money

[ad_1] Oct. 18, 2023 11:00 pm ET Listen to article (2 minutes) JOHANNESBURG—African fintech companies have found creative ways to help the continent’s consumers spend their money. Traditional payments companies…

PayU India CEO Anirban Mukherjee elevated to global CEO role

[ad_1] New Delhi: In a management rejig, Prosus-owned PayU India chief executive officer Anirban Mukherjee has been elevated to the role of global CEO, the company said in a statement…

Bob van Dijk steps down as Naspers and Prosus CEO; Ervin Tu to be interim chief executive

[ad_1] Bob van Dijk, the chief executive officer (CEO) of Naspers and Prosus, will be stepping down from his position effective immediately (September 18), after nearly a decade with the investing…

Tencent investors Naspers and Prosus announce abrupt departure of CEO Bob van Dijk

[ad_1] In June, the Dutch-based e-commerce investor, Prosus, which is majority-owned by South African multi-national Naspers won shareholder and regulatory approval to unwind its complex ownership. The South African Reserve…

Tencent’s Top Shareholder Needs More Companies Like Tencent

[ad_1] Prosus and Naspers, which made a wildly successful early bet on the Chinese tech giant, unexpectedly replaced their CEO. [ad_2] Source link

CEO of Naspers and Prosus Steps Down

[ad_1] South Africa’s most valuable listed company appoints former SoftBank executive as its interim chief. [ad_2] Source link

Naspers stable gains R260bn in a single day as investors welcome simpler structure | Business

[ad_1] The market value of Naspers increased by R115 billion in a single session on Tuesday as investors welcomed its plan to can a complex cross-shareholding arrangement with Prosus. There…

Dutch tech investor Prosus to end cross-holding with parent Naspers

[ad_1] Company introduced cross-holding structure two years ago Removal of structure will help in continuing buyback, it said Annual profit fell to $10 bln on lower Tencent contribution JOHANNESBURG, June…