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Codecademy raises $30m led by Naspers to fuel further expansion

Jul 12 2016

NEW YORK -   July 12, 2016 -   Codecademy , the leader in digital skills education, today announced the closing of a $30 million Series C investment led by Naspers through its Naspers Ventures division. Also announced today, Larry Illg, CEO of Naspers Ventures, has joined Codecademy’s Board of... Read more

Movile Raises $40M led by Naspers and Enters Ticketing Industry with Investment in Sympla

Jun 28 2016

SAO PAULO, Brazil (June 28, 2016) - Movile , Latin America’s leading mobile commerce platform, announced today it has raised $40 million in Series F funding from Naspers through its Naspers Ventures division. Naspers, a strategic partner and majority shareholder of Movile since 2008, led the... Read more

Follow the Leader: Alec Oxenford, founder of OLX and Letgo

Jun 21 2016

Read the first in our new Follow the Leader series, where we profile entrepreneurs making waves in high growth tech markets around the world.  For our inaugural post, we spoke with Alec Oxenford, co-founder of Naspers companies OLX and letgo .   Q: What is your role at Naspers... Read more

Internet TV usage gaining momentum as ShowMax adds new viewing option

Jun 13 2016

ShowMax, the internet TV service launched in August 2015, will now be available on connected DStv Explora decoders. This is the fourth new viewing option introduced over the past four months and extends access to subscription video services to an even wider audience. In particular, these new... Read more

Naspers Invests $60 Million in Udemy to Expand Global Reach

Jun 02 2016

SAN FRANCISCO – June 2, 2016 – Udemy , a global marketplace for learning and teaching online, today announced a strategic investment of $60 million from Naspers through its Naspers Ventures division. Larry Illg, CEO of Naspers Ventures, is joining Udemy’s Board of Directors. Udemy... Read more

Transforming Education with Technology

Jun 02 2016

Today marks a significant milestone for Naspers Ventures. You may have already seen our news on May 11 announcing our first EdTech investment in Brainly. Today, we are delighted to announce our second investment in EdTech: online learning marketplace, Udemy. These first two investments in... Read more

Your Mobile Experience Must Be Simple, Regardless of What Country You’re in

May 23 2016

According to  the GSMA  there will be 5.9bn smartphones in circulation by 2020, at which time 69 percent of all mobile connections will be either 3G or 4G. With around  40 percent   of all ecommerce transactions already taking place on mobile the implications are clear: to succeed brands must... Read more

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