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
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
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
Avito AB (“Avito” or the “Company”), which operates Russia’s largest online classifieds website, Avito.ru, hereby announces non-audited results and key performance indicators for the 1st quarter 2016. In 2016 all revenues were substantially generated from the Avito.ru website. Key... Read more
ShowMax, the internet TV service launched in August 2015, has expanded its footprint to 36 additional countries across sub-Saharan Africa. In total, ShowMax now supplies subscription video on demand services to 65 countries worldwide. 13 May 2016 - ShowMax has officially launched internet TV... Read more
Venture will operate under the letgo brand and platform, and will be managed and majority owned by letgo. The deal follows both companies’ very strong early growth, with tens of millions of combined downloads. NEW YORK - 12 May, 2016 - letgo the fastest growing mobile marketplace for... Read more
Outside of the U.S. and China, 70% of the world’s internet and ecommerce business is happening. Going global sooner can be the difference between an opportunity seized or lost. And sometimes this can be the difference between a business succeeding or ultimately failing. Many companies with... Read more