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Takealot, South Africa’s leading ecommerce company, attracts additional investment from Naspers.

Apr 11 2017

Cape Town, 11 April 2017 – Takealot Online (Pty) Ltd today announced a R960 million investment from Naspers. This latest investment follows earlier investments from both Tiger Global and Naspers in 2015 and underlines the continued commitment to Takealot and confidence in the potential of South... Read more

Flipkart Announces Investment Of $1.4 Billion From Consortium Of Global Blue Chip Tech Companies

Apr 10 2017

Tencent, eBay and Microsoft join Flipkart as strategic investors in largest funding round in its history Largest capital raise ever in the Indian internet sector Growth capital to extend and cement Flipkart’s position as the e-commerce leader in India Bangalore – April 10, 2017... Read more

Amazon to Acquire SOUQ.com

Mar 28 2017

Amazon (AMZN) today announced that it has reached an agreement to acquire SOUQ.com, an e-commerce leader in the Middle East. SOUQ was founded in 2005. Naspers’ first investment in the company was in 2012. Subject to closing conditions, the acquisition is expected to close in 2017. For... Read more

The talent tipping point: How to attract talent to a start-up as it grows

Feb 23 2017

by Aileen O’Toole, Chief People Officer, Naspers. At the start of a new venture, many founders are already well-connected to the talent they need for their fledgling business. Hiring is rarely a challenge because the opportunity is easy to sell to their immediate networks of friends, family... Read more

Creditas, announces the closing of a Series B investment round

Feb 21 2017

Online credit platform Creditas, announces the closing of a Series B investment round of R$60 million to accelerate the expansion of the asset backed credit in the country. The business plan includes the development of new channels for mass distribution and the reduction of the minimum interest... Read more

ShowMax expands service to Europe

Feb 15 2017

In a move set to expand its global footprint and build on its successes to date, Naspers’ internet TV service ShowMax is launching in Poland. The service will be branded ShowMax and utilise the current ShowMax platform and Polish language apps. The content on the service has been tailored... Read more

PayU invests $3.7mn in ZestMoney

Feb 02 2017

Acquiring 20% minority stake in ZestMoney, a technology platform that enables Indian consumers to access digital credit products, provided by regulated banks and NBFCs, is part of the larger vision of PayU’s strategy in India.   New Delhi, 2 February 2017 : PayU, the global FinTech... Read more

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