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Avito AB Trading Statement 1st quarter 2016

May 16 2016

Avito AB (“Avito” or the “Company”), which operates Russia’s largest online classifieds website, Avito.ru, hereby announces non-audited results and key performance indicators for the 1st quarter 2016. In 2016 all revenues were substantially generated from the Avito.ru website. ​ Key... Read more


ShowMax expands internet TV service to sub-Saharan Africa

May 13 2016

ShowMax, the internet TV service launched in August 2015, has expanded its footprint to 36 additional countries across sub-Saharan Africa. In total, ShowMax now supplies subscription video on demand services to 65 countries worldwide. 13 May 2016 - ShowMax has officially launched internet TV... Read more


letgo and Wallapop to Merge in the U.S. with $100M in New Funding

May 12 2016

Venture will operate under the letgo brand and platform, and will be managed and majority owned by letgo. The deal follows both companies’ very strong early growth, with tens of millions of combined downloads. NEW YORK - 12 May, 2016 - letgo the fastest growing mobile marketplace for... Read more


Naspers Announces Investment in Brainly – Its First in Education Technology

May 11 2016

Naspers also announces opening of San Francisco office - aimed at tapping U.S. technology companies for strong global growth.   SAN FRANCISCO – May 11, 2016 – South Africa-based Naspers, a $65B global internet and entertainment group with operations in more than 130 countries, today... Read more


Larry Illg, CEO Ventures talks global opportunities and lining up for success in foreign markets

May 02 2016

Outside of the U.S. and China, 70% of the world’s internet and ecommerce business is happening. Going global sooner can be the difference between an opportunity seized or lost. And sometimes this can be the difference between a business succeeding or ultimately failing. Many companies with... Read more


Change in presentation currency - additional conversion information for analysts

Apr 25 2016

Naspers Limited today announced that it will change the presentation currency in its consolidated financial statements from the South African rand (ZAR) to the United States dollar (USD) with effect from the financial year ended on 31 March 2016. Download additional conversion information for... Read more


Barron Ernst, Chief Product Officer at ShowMax, shares his top tips for app success.

Apr 14 2016

When it comes to mobile apps, user experience is everything. The most innovative and disruptive business model in the world is still likely to fail if the app strategy is not successful. Despite this fairly obvious fact, all too often businesses launch apps that do little more than gather... Read more

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