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Internet Solutions Finalises Acquisition of MWEB

May 18 2017

Johannesburg, 17 May 2017 - Internet Solutions (IS), the leading pan-African telecoms services provider, confirms today that its intended acquisition of the business of MWEB Connect (Pty) Ltd., through parent Dimension Data (Pty) Ltd., has been concluded. This follows the announcement by IS... Read more

Naspers invests €387m in Delivery Hero

May 12 2017

Cape Town and Berlin, 12 May 2017 - Naspers, a global internet and entertainment group and one of the largest technology investors in the world, today announced that it  will be investing €387 million for a minority stake in Germany-based Delivery Hero, the leading global online food ordering... Read more

Amazon Completes Acquisition of SOUQ.com

May 12 2017

May 12, 2017 - Amazon’s (AMZN) acquisition of SOUQ.com, an e-commerce leader in the Middle East, closed today. SOUQ was founded in 2005 and Naspers made its initial investment in the company in 2012.   For more information please see the announcement on SOUQ.com . Read more

Twiggle Raises $15M Led by MizMaa Ventures and Korea Investment Partners

May 11 2017

(May 11, 2017) Tel-Aviv, Israel – Twiggle , the company pioneering the use of artificial intelligence in online retail, today announced it has raised $15 million in funding led by MizMaa Ventures and Korea Investment Partners. Twiggle will use the funds to accelerate product development, expand... Read more

German fintech company, Kreditech, receives EUR 110 million investment from PayU

May 10 2017

In largest ever equity investment in a German fintech company, Kreditech receives EUR 110 million investment from PayU. PayU and Kreditech agree global partnership to increase access to credit services in high growth, emerging markets. Hamburg, 10 May 2017 – Kreditech, the leading... Read more

MakeMyTrip Limited Announces $330 Million Equity Financing

May 03 2017

Gurgaon, India and New York, 2 May 2017 – MakeMyTrip Limited (Nasdaq: MMYT) (“MakeMyTrip” or “Company”), India’s leading online travel company, today announced that it has entered into definitive share purchase agreements for a placement of its ordinary shares, which is expected to generate... Read more

Scaling your start-up: hiring leaders

Apr 26 2017

by Aileen O’Toole, Chief People Officer, Naspers. In my last post I spoke about the talent tipping point that founders inevitably reach as their start-up scales. Part of that challenge is hiring senior talent – finding the leaders who will work with founders to transition from start-up to... Read more

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