Naspers has adapted and changed itself, from deriving 90% of revenue from media and video entertainment a decade ago to 80% from online – which will move to 100%. Read more
Management’s key objective is to grow e-commerce to profitability, develop the core segments (classifieds, etail, payments, online food delivery) into $5 billion to $10 billion businesses. Read more
Billions invested to date finally give it (effective) outright ownership. Read more
Spree and Superbalist have merged. This reshuffling of Naspers' e-commerce portfolio is about one thing: Scale. Read more
While Naspers has not divested from India, it has also not fully divested from Flipkart or for that matter, Walmart. It remains indirectly invested in Flipkart via Tencent. Read more
Steinhoff, Naspers, KPMG, SAP... Each time a major scandal surfaces, regulatory gaps are identified and new measures are put in place to plug the apparent holes. But the scandals keep coming... Read more
