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Naspers sells stake in TBO Group

18 July 2018

South Africa-based global internet and entertainment group, Naspers Limited (JSE: NPN.SJ and LSE: NPSN) today announced that it has entered into a binding agreement with Standard Chartered Private Equity (“SCPE”), Standard Chartered Bank’s private equity arm, for the sale of its stake in the... Read more

Movile closes US$124 million round; the largest ever investment in the company

12 July 2018

New funds will be used to further scale iFood, Zoop and Sympla’s operations São Paulo, July 12, 2018 - Movile, one of the global leaders in mobile marketplaces, announces a new round of investment led by Naspers with participation by Brazilian investment fund, Innova Capital. The round... Read more

Naspers Limited today announced its results for the year to 31 March 2018.

22 June 2018

South Africa, 22 June 2018 – Naspers Limited (JSE: NPN) today announced its results for the year to 31 March 2018. ROBUST GROWTH FOR THE YEAR, WELL POSITIONED TO PURSUE FURTHER SCALE Naspers today announced its financial results for the year to 31 March 2018. Revenues, measured on an... Read more

Naspers Further Commits to Indian Food Delivery Business Swiggy and Co-leads USD 210 Million Series

21 June 2018

New funds to further augment on-demand delivery technology and strengthen Swiggy’s product and service offerings Cape Town, June 21, 2018: Naspers, a global internet and entertainment group and one of the largest technology investors in the world, today announced that it has executed... Read more

Spree and Superbalist merge

18 June 2018

Cape Town – 18 June, 2018 – Media24 and Takealot.com today announced that they will merge their online fashion brands, Spree and Superbalist, creating an exciting online fashion platform for South African consumers. In South Africa the penetration of online retail sales is currently... Read more

Honor Raises $50 million to Grow National Network of Home Care Agencies

22 May 2018

Honor expands home care agency network, poised to modernize the home care industry for older adults with new model focused on helping local agencies grow SAN FRANCISCO (May 22, 2018) – Honor, the fast-growing, comprehensive home care company for older adults, has raised $50 million in... Read more

Naspers sells stake in Flipkart

9 May 2018

South Africa-based global internet and entertainment group, Naspers Limited (JSE: NPN.SJ and LSE: NPSN) today announced the sale of its 11.18% stake in Indian ecommerce company Flipkart, to US-based retailer Walmart (NYSE: WMT) for US$2.2bn, representing an IRR of approximately 32... Read more