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Naspers

Features

What Happened to MXit? SA’s Own Super-Popular Chat App

Luis Monzon -
South Africa's communications minister said today that this week's massive social media outage of Facebook Inc. apps including WhatsApp, Instagram and Facebook itself, serves as a reminder that governments around the world can do more to support the development...
Southern Africa

Cape Town Tech Startup Secures $14.5-Million More in Funding

Luis Monzon -
Cape Town-founded mobility tech startup WhereIsMyTransport has secured a total of $14.5-million during a Series A extension round to continue its expansion. This is in addition to the R42-million ($3.09-million) in funding it received from South African media mega...
Retail

Amazon need not Enter SA’s eCommerce Industry ‘Any Time Soon’, says Naspers CEO

Jenna Delport -
Bob van Dijk, CEO of Naspers and Prosus believes that Amazon may not enter South Africa’s eCommerce sector “any time soon”. According to TechCentral, a key reason for this is "Naspers-controlled e-retailer Takealot.com is doing a really, really good...
Online & Social

Naspers leads Meesho in raising $125 million for Indian Social Commerce

Kojo -
On 12 August 2019, Meesho, an Indian online marketplace, announced the closing of a $125 million fundraiser led by Naspers,  multi-national media and internet group headquartered in South Africa. The fundraiser was aided by Facebook and existing investors such...
People

Naspers appoints new CEO

Kojo -
On 3 July 2019 Naspers, a global internet group, announced the appointment of Phuthi Mahanyele-Dabengwa to the global Naspers management team in the position of CEO, South Africa. Mahanyele-Dabengwa will report directly to Bob van Dijk, Group CEO of...
Southern Africa

Naspers invests in South African tech start-up, SweepSouth

Jenna Delport -
On Thursday, 20 June 2019, Naspers Foundry announced its first deal, with a $2.4 million investment in South African tech startup, SweepSouth. The startup is an online cleaning services platform that connects clients to trusted and reliable domestic cleaners. The...
Online & Social

OLX shuts down offices in Nigeria, Ghana and Kenya

Staff Writer -
On 6 February 2018, it emerged that OLX, an African e-commerce platform, has shut down all its offices in Africa except the one in South Africa. The company, which is owned by Multinational media group and investor Naspers, has thus...
Retail

R960 million investment by Naspers into Takealot Online.

Staff Writer -
In 2015 Tiger Global and Naspers originally  invested into Takealot for the first time. Now after the second investments the potential that the South Africa e-commerce market has is clear according to Takealot who have used the initial invest...
Features

Print is dead – not according to Jeff Bezos

Staff Writer -
US technology entrepreneur and founder and CEO of Amazon.com, Jeff Bezos, has reportedly purchased iconic American newspaper, the Washington Post, for $250 million. Reports claim the offer has been accepted by the 135-year-old newspaper’s long-time owners, the Graham family....
Online & Social

Naspers Internet head dies

Staff Writer -
Antonie Roux, the head of MIH and Naspers’ Internet operations, has died. A Media24 report said Roux passed away on Sunday in Germany following cancer surgery. His career at Naspers spanned twenty years. At the time of his passing, Roux...
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Latest News

Online & SocialMamsi Nkosi -

Survey Reveals 80% of TikTok Forex Advice May Be Misleading

According to new research from forex broker experts at BrokerChooser, up to 80% of forex advice given on TikTok...
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