Naspers is a leading multinational media group, incorporated in 1915 as a public limited liability company and listed on the Johannesburg Stock Exchange (JSE) in September 1994. The company also has an ADR listing on the London Stock Exchange (LSE).
Over the past two decades the group has evolved from a traditional print media business in one country, to a broad-based e-media company in multiple markets.
The group's principal operations are in internet platforms (focussing on commerce, communities, content, communication and games), pay-television and the provision of related technologies and print media (including publishing, distribution and printing). Most of Naspers's businesses hold leading market positions.
The group's most significant operations are located in South Africa and elsewhere in Africa, China, Central and Eastern Europe, India, Brazil, Russia, Thailand and the Netherlands.
LetGo, the app-based marketplace for people to sell each other second-hand goods, has nabbed a great deal of its own. Today, the startup announced that it has picked up an extra $500 million in funding from Naspers, the South African e-commerce and media giant, which it plans to use to double down o…
Naspers' video entertainment division has created a new over-the-top (OTT) video unit to be headed by Niclas Ekdahl in a bid to counter stiff competition for video on demand from global players such as Netflix.
SAO PAULO, June 27 (Reuters) - South African media and tech
group Naspers Ltd has decided to put its Brazilian
e-commerce business Buscapé up for sale, two people with
knowledge of the matter told Reuters.