13 Oct

Naspers propels M&A activity in Sub-Saharan Africa

Boosted by the $44.1 billion Naspers-Prosus share swap, the value of M&A transactions in the region reached $78.3 billion during the first nine months of 2021.

28 Sep

Naspers hunts for tech start-ups with remaining R1bn war chest

This financial year, the company wants to pump about R300 million into burgeoning businesses, with its investment vehicle set to announce a new investment deal before December.

Aug 31, 2021

Prosus bids $4.7bn for Indian fintech firm BillDesk

The proposed PayU deal will create a financial ecosystem handling four billion transactions annually.

Aug 10, 2021

Takealot appoints Mamongae Mahlare as group CEO

The appointment follows the announcement that Kim Reid will transition to chairman of Takealot Group during the course of this year.

Aug 4, 2021

Local insurtech firm Naked gets R160m funding

Naspers, through its early-stage tech investment vehicle Naspers Foundry, leads a multimillion-rand investment in Naked.

Jul 21, 2021

Naspers pumps R34m into digital insurance platform Ctrl

The company makes its first investment in the local insurtech sector as part of its R1.4 billion commitment to grow early-stage tech companies through Naspers Foundry.

Jun 29, 2021

SA’s start-up ecosystem achieves major milestone

South Africa becomes the first African nation to rank in the global top 50 of countries in terms of start-up ecosystems, according to a global index report.

Jun 21, 2021

Naspers’s e-commerce revenue outpaces Tencent

The company posts blowout e-commerce revenue growth of 55% for the year, outperforming the Chinese Internet giant, which posted 28% revenue growth.

Jun 15, 2021

Prosus nabs another edutech firm in R35bn deal

The GoodHabitz acquisition provides enterprise clients with cost-effective soft skills, such as leadership and management, and digital learning content.


Tech start-up WhereIsMyTransport gets R42m Naspers funding

The company invests $3 million in Cape Town-founded mobility technology start-up WhereIsMyTransport, through its early-stage tech investment vehicle.

Jun 3, 2021

Prosus swoops on Stack Overflow in R24bn deal

The global technology investor enters into a definitive agreement to acquire the knowledge-sharing platform for developers and technologists.

May 12, 2021

Transactional Capital begins WeBuyCars takeover discussions

The company says it is confident the online vehicle retailer will accelerate and support a sustainably higher growth trajectory for the group.

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