Naspers profit climbs on Tencent, e-commerce boost

2016-06-24 18:44

Chinese internet giant Tencent and e-commerce businesses have helped lift Naspers’ revenues by 6% to $12.2bn for the financial year ended March 31 2016.

Naspers expects rise in core headline earnings

2016-06-15 16:02

Internet and media giant Naspers says it expects higher core headline earnings but that its full-year earnings could be up to 25% lower than the prior period.

Naspers to sell Polish auction website - source

2016-06-10 08:30

Naspers, Africa’s biggest company by market value, is planning to sell its Polish online auction website Allegro, according to people with knowledge of the matter.

Naspers invests $60m in US learning startup Udemy

2016-06-02 16:47

Naspers, Africa’s biggest company by market value, invested $60mn in online-learning provider Udemy.

New ‘Netnuus’ app serves up Afrikaans news

2016-06-02 07:24

Media24’s digital publishing arm has launched a new Afrikaans news app dubbed ‘Netnuus’ for Android and Apple smartphone users.

Tencent in talks to buy Hay Day, Clash of Clans company

2016-05-24 07:12

Tencent - which Naspers has a 34% stake in - is in talks to buy a majority stake in gamemaker Supercell Oy from SoftBank, the Wall Street Journal has reported.

ShowMax launches in 36 African countries

2016-05-13 12:41

Naspers-owned internet video streaming service ShowMax has switched on its service in 36 African countries after it launched in South Africa in August 2015.

PIC CEO: We wanted a Naspers for black people

2016-05-10 14:40

The Public Investment Corporation decided to invest in Independent Media to give black people a chance to create a second Naspers, says CEO Daniel Matjila.

Naspers profit 'held back' by weak local currencies

2016-03-22 11:37

Naspers has said fiscal full-year profit growth will be held back by depressed sub-Saharan economies and weaker local currencies.

Don't limit your stock picks to last year's winners

2016-03-02 12:03

It’s easy to be tempted to pick the previous year’s best performers for your portfolio. We take a look at why this is not necessarily the smartest way forward.


Naspers - game on

2016-06-16 11:00

Gaming should remain a key driver of Naspers' continued growth over the medium term, says a portfolio manager.

ShowMax lands on DStv Explora decoders

2016-06-14 14:30

DStv subscribers now have the option to watch ShowMax internet TV on decoders.

JSE a mixed bag on economic data

2016-06-08 14:16

The JSE was at midday a mixed bag, with industrial and financial shares sharply down but resources and gold reacting solidly on good economic news for China and higher commodity prices.

Bitcoin price surges on SA-linked exchange

2016-06-02 15:11

Demand for cryptocurrency Bitcoin has soared in the last week with prices surging just over 20% on South African linked exchange BitX.

Naspers market cap hits R1 trillion

2016-05-31 11:16

The share price of Cape Town headquartered internet and media giant Naspers hit the R2 300 mark, resulting in a market capitalisation of R1 trillion.

Naspers gains to month high on Russia unit, rand

2016-05-16 14:36

Naspers has climbed to the highest in a month after its Russian classified-ads unit reported a rise in revenue and on the back of a weakened rand.

Naspers opens new San Francisco office

2016-05-11 13:11

Global media and internet company Naspers has opened an office in San Francisco, a city renowned for housing top internet giants such as Facebook and Google.

Naspers switches to dollar in financial reporting

2016-04-19 10:47

Global internet and media company Naspers will change the presentation currency in its consolidated financial statements from the rand to the US dollar.

A user take on Naspers' BEE stocks

2016-03-07 11:23

Fin24 user Derek A Harris provides an update on Naspers BEE shares, which he says are putting up a good show.

Naspers injects R3.9bn into India’s ibibo

2016-02-25 16:08

Global internet and media company Naspers has injected a further $250m in India’s largest online travel company ibibo Group.

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