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iFood Funding to Total Unprecedented USD$500M

Nov 13 2018

Movile receives USD$400M new funding commitment from Naspers and Innova Capital to go directly towards iFood growth Movile and Just Eat have already invested USD$100M in iFood during 2018 Largest tech venture funding ever in Latin America will accelerate growth, product development... Read more

Naspers commits R4.6bn of funding to back South African technology businesses

Oct 26 2018

For release: South Africa, 26 October 2018 Naspers commits R4.6bn of funding to back South African technology businesses Naspers to boost South African technology sector by R4.6bn over next 3 years Naspers announces Naspers Foundry and commits R1.4bn of funds to help South African... Read more

New executive leadership team for newly established MultiChoice Group

Oct 25 2018

Media Release 25 October 2018 New executive leadership team for newly established MultiChoice Group Experienced leadership team well-positioned to grow group’s leading entertainment company position in Africa Naspers today announced the executive leadership team for the newly... Read more

SoloLearn Raises $5.6M And Reaches Over One Million Monthly Learners

Sep 27 2018

The company will use funds for product enhancement, global expansion, and launch of a career service for the community San Francisco – September 27, 2018 – SoloLearn, a leading global developer community aimed at making you a better coder through peer-to-peer knowledge sharing, announced... Read more

Spotlight on: Artificial Intelligence and Machine Learning

Sep 24 2018

An interview with Naspers’ Global Lead for Data Science and AI, Euro Beinat We caught up with Euro Beinat, one of the newest members of the Naspers team, to learn about his career to date and his perspective on AI’s true potential. What’s the difference between AI and Machine Learning? ... Read more

OLX Group invests ZAR 1.4 billion in South Africa’s specialised car buying service, Webuycars

Sep 18 2018

Investment to improve customer experience and to position Webuycars for increased growth. Naspers’ Classifieds business, OLX Group, announced today, an investment of ZAR 1.4 billion in South Africa’s specialised car buying service, Webuycars. Webuycars operates a used car marketplace... Read more

Naspers to separately list and unbundle its Video Entertainment business as MultiChoice Group on the

Sep 17 2018

Creates an empowered, standalone Africa-wide entertainment business Unlocks value for Naspers shareholders Increases Phuthuma Nathi shareholding in MultiChoice South Africa by 25% Naspers today announced its intention to list its Video Entertainment business separately on the... Read more