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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


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

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