The investor—which owns a 26% stake in Tencent—forecast higher headline earnings for its first half and said it expects ...
Naspers has seen improved profitbality in its e-commerce business, with the group looking at AI-specific investments.
Naspers said it expects higher earnings per share for its first half driven by accelerated growth and improved profitability in its Ecommerce segment and equity-accounted investments, in particular ...
Prosus and Naspers have invested $1.3-billion building a 31% stake in Swiggy ahead of its listing on Wednesday.
Prosus will sell down shares in the IPO and retain 25% of Swiggy, similar to its stake in Tencent, Prosus’s chief investment ...
Prosus NV, the investment behemoth behind Tencent Holdings Ltd., has declared a strong return on its investment in Swiggy, ...
Fabricio Bloisi, who runs both Naspers and Prosus, told the Financial Times: “I’m here to do the next Tencent”. Naspers turned a 2001 investment of $32mn in what was then a start-up into a ...
11, 2019. Naspers will retain 73% of the new company, which will house everything from a 31% stake in Chinese online giant ...