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letgo Receives $500M New Funding Commitment from Naspers

Aug 08 2018

Top secondhand app passes 100M downloads and 400M listings Users have sent each other over 6B messages in the startup’s app since its 2015 launch, up to 13M daily New financing will accelerate growth, product evolution, expansion into new verticals and monetization NEW YORK - letgo... Read more

Naspers’ video entertainment appoints CEO of new OTT video unit

Aug 08 2018

Naspers’ video entertainment today announced the appointment of Niclas Ekdahl as CEO of the recently formed Connected Video unit. This new unit runs the Showmax and DStv Now internet TV services in Africa and is also responsible for developing new OTT (Over The Top) services for the MultiChoice... Read more

Media24 CEO Esmaré Weideman to retire

Jul 31 2018

Ishmet Davidson to be appointed CEO on October 1, 2018   Media24 today announced the retirement of its CEO, Esmaré Weideman, after a career in media spanning more than three decades. She will be succeeded by Ishmet Davidson, currently CEO of Media24 Print Media, on 1 October 2018. Weideman... Read more

PayU Acquires Israeli Payment Technology Provider, ZOOZ

Jul 23 2018

PayU and ZOOZ share vision to create new global standard in payments infrastructure Hoofddorp, The Netherlands – July 23, 2018: PayU today announces the acquisition of leading payments technology platform ZOOZ. The deal supports PayU’s ongoing expansion into high growth markets and targets... Read more

Integrated annual report 2018, no change statement, notice of annual general meeting and publication

Jul 20 2018

Shareholders are advised that the company’s integrated annual report (including the notice and proxy of the annual general meeting) and the annual financial statements for the year ended 31 March 2018 will be posted on the company’s website today 20 July 2018. There are no... Read more

PayU invests US$11.5mn in PaySense

Jul 20 2018

India, July 20, 2018 -  PayU, an online payment service provider and Naspers’ fintech company, today announced an investment of USD 11.5mn in PaySense as part of a Series B round of $18 million. PaySense provides Indian consumers access to a credit line based on an alternative-data decisioning... Read more

Naspers sells stake in TBO Group

Jul 18 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

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