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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


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 by Elena Duovski

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


Media24 launches skills programme for disabled journalists

Apr 06 2016 by Elena Duovski

Media24 launches skills programme for disabled journalists, as the leading South African media group continues to support diversity in the sector. Read more


Multichoice - no price increase in Africa

Mar 18 2016

South Africa, Cape Town 18 March 2016: Naspers Limited (JSE: NPN, LSE: NPSN): Today MultiChoice Africa Limited, a subsidiary of Naspers Limited that offers video entertainment services in Africa outside South Africa, announced that there will be no price increase for subscribers to its DStv... Read more


Avito AB Trading Statement

Mar 15 2016 by Elena Duovski

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 4th quarter 2015. During 2014 and 2015 all revenues were generated from the Avito.ru website. Key performance... Read more

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