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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

Closing of Ibibo/MakeMyTrip Transaction

Jan 31 2017

Naspers announced a transaction on 18 October 2016 to combine its Indian travel business, Ibibo Group (ibibo), with Nasdaq-listed MakeMyTrip Limited (NASDAQ:MMYT), to create one of the largest travel groups in India.   Shareholders are advised that all pre-conditions have been met and that... Read more

Naspers joins financial sector in questioning new framework for appointing auditors

Jan 20 2017

Naspers has joined some of South Africa’s most influential financial sector stakeholders in questioning a proposed new framework for how companies appoint auditors – and has challenged the way the Independent Regulatory Board for Auditors (IRBA) is trying to introduce it.   Naspers, one of... Read more

Closing of Allegro Transaction

Jan 18 2017

Naspers   announced a transaction on 14 October 2016 to dispose of its 100% stake in Poland-based Allegro Group, which includes both and, to funds advised by private equity firms Cinven, Permira and Mid Europa for US$3.253bn.   Shareholders are advised that all pre... Read more

letgo Raises $175M as Top Mobile Marketplace Nears $23B in Annual Transactions

Jan 17 2017

With 20M monthly active users & 45M downloads, letgo is the fastest growing mobile marketplace to buy & sell locally   Proprietary artificial intelligence & image recognition fuel explosive user growth   Series C round led by Naspers, Accel, Insight Venture Partners, New Enterprise... Read more

FarmLogs Raises $22 Million Series C Financing led by Naspers Ventures

Jan 11 2017

Digital Farm Management Pioneer Continues Aggressive Growth, Surpasses 20 Percent of U.S. Row Crop Acres Under Management ANN ARBOR, Mich. – FarmLogs , the leading data science company that helps farmers unlock valuable insights from their fields to farm more profitably, today announced... Read more

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