Search results for: naspers

Mon, July 14th 2014, 11:00 · Chris Udemans

Naspers to focus on mobile – report

South African media and e-commerce firm Naspers is looking to bring its offering of auction and e-commerce sites to tablets and smartphones as part of its “predominantly mobile” policy, according to a report. → Read more
Wed, February 26th 2014, 17:40 · Tom Jackson

Naspers confirms e-commerce restructuring

MIH Internet Africa (MIHIA), a subsidiary of Naspers, has confirmed it is restructuring its operations to focus on its e-tail businesses such as Kalahari, which means e-commerce sites SACamera, 5rooms, Kinderelo, Style 36 and 5Ounces will close. → Read more
Mon, February 24th 2014, 13:00 · Tom Jackson

Naspers closing MIH SA e-commerce sites

Naspers has confirmed its investment arm MIH is shutting down a number of its South African e-commerce sites. → Read more
Mon, February 24th 2014, 09:40 · Tom Jackson

Bekker steps down as Naspers CEO

South African media and e-commerce firm Naspers has announced chief executive officer (CEO) Koos Bekker is stepping down in April after 17 years leading the company. → Read more
Fri, January 10th 2014, 10:40 · Tom Jackson

Telkom held talks with Netflix, Naspers, Comcast – report

South African part state-owned operator Telkom has held talks with companies including Netflix, Comcast and Naspers as it looks to launch a video-on-demand service, according to a report. → Read more
Fri, December 6th 2013, 15:00 · Tom Jackson

Naspers reaches $100 share price

Naspers, the Johannesburg Stock Exchange (JSE)-listed multimedia giant, pushed above the ZAR1,000 (US$95) share price mark this morning, the result of strong foreign investments and the weak rand. → Read more
Mon, December 2nd 2013, 12:30 · Richard Cutcher

Naspers exploring mobile content partnerships

Koos Bekker, chief executive officer (CEO) of South African multimedia company Naspers, has said they are open to partnerships with mobile operators to deliver broadcasting content through their networks. → Read more
Fri, November 29th 2013, 07:00 · Richard Cutcher

SA lacks engineers to push internet growth – Naspers

Naspers will stay away from investments in South African e-commerce and internet companies because of slow economic development and a lack of infrastructure engineers. → Read more
Wed, November 27th 2013, 12:00 · Richard Cutcher

OPINION: Good news for Naspers, little good news for Africa

Naspers, the 98-year-old South African multimedia and internet company, released its half year results yesterday, showing stunning growth across its online businesses, but little credit was given to any of its Africa-based operations. → Read more
Tue, November 26th 2013, 09:30 · Richard Cutcher

Naspers to embrace huge growth in internet business

Naspers’ internet businesses are now providing more revenue than its pay-TV interests, with its top-line growth increasing by 28 per cent during the past six months. → Read more
Fri, September 6th 2013, 12:40 · Nanine Steenkamp

Naspers loses Facebook shares

South African media company Naspers has lost its indirect stake in social network Facebook following Mail.Ru’s decision to drop its shares for US$252 million. → Read more
Wed, July 17th 2013, 13:24 · Brandon Gregory

Naspers’ US$750 million bond offering exceeds demand

South Africa’s multimedia giant Naspers has announced its bond offering of US$750 million has exceeded demand. → Read more
Fri, July 12th 2013, 14:23 · Brandon Gregory

$750 million for future Naspers acquisitions

Multimedia giant Naspers today announced a US$750 million bond offering, the proceeds of which will be used for the payment of future acquisitions. → Read more
Wed, June 26th 2013, 11:55 · Brandon Gregory

Naspers: MultiChoice is focusing on online content

Eben Greyling, chief executive officer (CEO) of Pay-TV Platforms at Naspers, has said MultiChoice is focusing on increasing its online content in the wake of growing internet penetration in Africa. → Read more
Tue, June 25th 2013, 13:19 · Brandon Gregory

Naspers records profit increase

South African multimedia giant Naspers has reported a full-year profit increase of 23 per cent following growth in DStv subscribers as well as as an increase in internet revenue. → Read more
Mon, June 24th 2013, 10:53 · Brandon Gregory

SA Naspers acquires India’s Redbus through Ibibo Group

South African multimedia company Naspers has added Indian online ticketing company RedBus to its portfolio of e-commerce businesses through subsidiary Ibibo Group. → Read more
Wed, June 19th 2013, 13:54 · Brandon Gregory

SA’s Naspers rumoured to acquire India’s RedBus

Naspers, the South Africa-based multimedia giant, is reportedly likely to acquire a controlling stake in RedBus, the India-based online ticketing company valued at approximately US$100 million. → Read more
Thu, June 13th 2013, 09:43 · Brandon Gregory

Weakening rand boosts Naspers profit

South African multimedia giant Naspers has reported its full-year earnings rose by 25 per cent following the decline in value of the rand, which helped increase the media group's overseas profit. → Read more
Wed, March 13th 2013, 07:53 · Paul Adepoju

Naspers investment to be used on logistics, platform and infrastructure – Konga.com CEO

The chief executive officer (CEO) of Konga.com, Sim Shigaya, says the money raised from Naspers’ investment in the e-commerce site will be spent on improving logistics, strengthening the site’s platform and building necessary infrastructure for the company in Nigeria. → Read more
Tue, March 12th 2013, 11:30 · Brandon Gregory

SA’s Naspers to create world’s third largest classifieds site

South African mass media site Naspers is set to bring about the world’s third largest classifieds site with the merging of its two Russian online classified sites with Avito in a US$570 million deal. → Read more