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Movile closes US$124 million round; the largest ever investment in the company

Jul 12 2018

New funds will be used to further scale iFood, Zoop and Sympla’s operations São Paulo, July 12, 2018  - Movile, one of the global leaders in mobile marketplaces, announces a new round of investment led by Naspers with participation by Brazilian investment fund, Innova Capital. The round... Read more

Naspers Limited today announced its results for the year to 31 March 2018.

Jun 22 2018

South Africa, 22 June 2018 – Naspers Limited (JSE: NPN) today announced its results for the year to 31 March 2018. ROBUST GROWTH FOR THE YEAR, WELL POSITIONED TO PURSUE FURTHER SCALE Naspers today announced its financial results for the year to 31 March 2018. Revenues, measured on an... Read more

OLX and PROPERATI come to an agreement to join forces in Latin America

Jun 22 2018

The deal will strengthen OLX presence in the online Real Estate sector and expand credit to more than 2,500 developers, agents and professional groups across the region   Buenos Aires, June 22, 2018 - OLX, one of the world's leading classifieds marketplace, and Properati, leading real... Read more

Naspers Further Commits to Indian Food Delivery Business Swiggy and Co-leads USD 210 Million Series

Jun 21 2018

New funds to further augment on-demand delivery technology and strengthen Swiggy’s product and service offerings Cape Town, June 21, 2018: Naspers, a global internet and entertainment group and one of the largest technology investors in the world, today announced that it has executed... Read more

Spree and Superbalist merge

Jun 18 2018

Cape Town – 18 June, 2018 – Media24 and Takealot.com today announced that they will merge their online fashion brands, Spree and Superbalist, creating an exciting online fashion platform for South African consumers.   In South Africa the penetration of online retail sales is currently... Read more

OLX Group Invests USD 89 million in Frontier Car Group

May 24 2018

Investment will support Frontier Car Group’s continuing expansion and disruption of the used car market in high-growth markets Amsterdam, 24th May 2018:  Naspers’Classifieds business, OLX Group, today announced it has invested USD 89 million through its early-stage investment arm OLX Ventures... Read more

Honor Raises $50 million to Grow National Network of Home Care Agencies

May 22 2018

Honor expands home care agency network, poised to modernize the home care industry for older adults with new model focused on helping local agencies grow SAN FRANCISCO (May 22, 2018) – Honor, the fast-growing, comprehensive home care company for older adults, has raised $50 million in... Read more

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