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Remitly announces $220 million financing, accelerating international growth

10 July 2019

SEATTLE: Remitly, the online international money transfer service, is announcing $220 million of new financing, helping to expand its customer base worldwide. The fundraising includes $135 million Series E equity and $85 million syndicated debt financing. The equity component is led by... Read more

SENS: Dealings in securities

5 July 2019

Naspers Limited (Incorporated in the Republic of South Africa) (Registration number 1925/001431/06) JSE share code: NPN ISIN: ZAE000015889 LSE ADS code: NPSN ISIN: US6315122092 (“Naspers” or “the company”) In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements, the... Read more

Global Fintech player PayU expands its operations to Southeast Asia

5 July 2019

Amsterdam, The Netherlands – July 05, 2019 : PayU, the payments and fintech business of Naspers, today announces the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region... Read more

Dott announces €30 million Series A co-led by EQT Ventures and Naspers Ventures

4 July 2019

● The company also announces a market-first, comprehensive insurance coverage for all riders ● Launching custom-designed e-bike by end of year ● Launching additional select cities in Germany, UK and the Netherlands 4 July 2019 – Dott ( www.ridedott.com ), the European micro-mobility... Read more

Naspers appoints Phuthi Mahanyele-Dabengwa as CEO, South Africa

3 July 2019

Naspers creates new executive position to lead Naspers’ activities in South Africa Phuthi Mahanyele-Dabengwa to join the Naspers management team as CEO, South Africa Responsibilities include leadership of Naspers’ flagship South African units, Naspers Foundry and Naspers Labs ... Read more

Naspers Limited (JSE: NPN) today announced its results for the year to 31 March 2019

21 June 2019

“THIS WAS A TRANSFORMATIONAL YEAR FOR NASPERS. WE ENTERED FY20 WELL-POSITIONED AS A GLOBAL CONSUMER INTERNET GROUP,” CONFIRMED BOB VAN DIJK, GROUP CEO. Group highlights for the year See “Notes” section for an explanation of the numbers Revenues increased 29% year-on-year to US19.0bn... Read more

Proposed listing of Naspers’ international internet assets on Euronext Amsterdam & secondary, inward

21 June 2019

CHANGE TO TRANSACTION TIMELINE Shareholder approval to be sought at EGM on 23 August, not on 28 June 2019 Naspers targets September for NewCo listing Naspers today confirmed a change to the timetable regarding its intention to list a new global consumer internet group (NewCo... Read more