prosus

  1. Jan

    OLX South Africa shuts down

    Naspers kills OLX South Africa South Africans visiting the OLX website on Tuesday morning were greeted with the message that the classifieds service is no longer available. “Not to worry, we can still help you find your new car or property,” the website stated, offering links to OLX...
  3. Jan

    Chinese state media declares games spiritual opium - Tencent, Naspers, Prosus share price plummets

    Naspers hammered as China declares games "spiritual opium" Tencent Holdings Ltd. led a stocks rout after Chinese state media decried the “spiritual opium” of games, prompting the company to broach a ban for kids and triggering fears Beijing will set its sights next on the world’s largest gaming...
  4. Hanno Labuschagne

    The companies owned by Naspers

    The companies owned by Naspers Naspers has grown into a global internet giant and, in combination with Prosus, owns 58 companies worldwide. First established in 1915 as "Die Nasional Pers", Naspers was originally founded as a news media company. It had the support of prominent South African...
  5. Jan

    Naspers share price pounded as China cracks down on education, tech

    Naspers hammered on China crackdown The share prices of Naspers and Prosus have suffered major declines following news of a regulatory crackdown in China. Naspers’ share price declined from R295.30 per share on Friday to R248.75 on Tuesday — a decline of 15.8%. It reclaimed some of the losses...
  6. Jan

    Takealot could sell groceries in South Africa

    Takealot may start to sell groceries Takealot has an opportunity to start selling groceries in South Africa thanks to its extensive delivery and warehouse infrastructure and technology. This is the view of Naspers and Prosus chief financial officer, Basil Sgourdos. Naspers owns 100% of...
  7. Jan

    Over R14 billion in products sold on Takealot

    Takealot made R14.66 billion in sales over the last year The Takealot Group, which includes Takealot.com, Superbalist, and Mr D Food, increased revenues by 65% to US$606 million (R8.7 billion) over the last year. This was revealed in Naspers’ results for the year ended 31 March 2021, which was...
  8. Jan

    Prosus acquires majority stake in GoodHabitz for R3.5 billion

    Prosus buys stake in GoodHabitz for R3.5 billion Prosus has acquired a majority stake in GoodHabitz, a European provider of online training for businesses, for approximately €212 million (R3.5 billion). GoodHabitz was founded in 2011 and provides enterprise clients with cost-effective soft...
  9. J

    Naspers gets enough votes for Prosus listing

    Naspers gets enough votes for Prosus listing Naspers Ltd. received enough votes from shareholders to proceed with an Amsterdam listing of assets including a $125 billion stake in Chinese internet giant Tencent Holdings Ltd. Africa’s largest company by market value secured sufficient backing...
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