Naspers, through its tech investment vehicle Naspers Foundry, announced a R15 million investment in Floatpays, an on-demand earned wage access platform that helps customers build financial wellness. Floatpays provides customers with real-time access to a portion of their earned but not yet paid income at any time during the month, giving them an alternative to [] The post Naspers Invests R15 Million In Floatpays, SAs On-Demand Earned Wage Access Platform appeared first on TechFinancials - Reliable Tech News In South Africa .

Naspers, Prosus and Tencent plunge on renewed China tech fears

05:18pm, Monday, 21'st Feb 2022 BusinessLIVE
Prosuss share price has been under pressure since July 2021 when China launched a wide-ranging crackdown on technology companies
SoftBank Vision Fund 2 led the investment round by infusing $200 million in Elasticrun while Naspers, Prosus, Goldman Sachs Assets Management and existing investors Chimera and Innoven jointly infused $130 million the rural market-focussed B2B firm at an enterprise valuation of around $1.5 billion

Short Interest in Naspers Limited (OTCMKTS:NPSNY) Decreases By 26.9%

02:20pm, Saturday, 18'th Dec 2021 Dakota Financial News
Naspers Limited (OTCMKTS:NPSNY) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 28,500 shares, a decline of 26.9% from the November 15th total of 39,000 shares. Based on an average daily volume of 366,400 shares, the days-to-cover ratio is presently []

Byju’s in talks to go public via SPAC at $48bn valuation: Sources

04:19pm, Thursday, 16'th Dec 2021 The Financial Express
Byju''s is backed by marquee investors, including General Atlantic, Sequoia Capital, the Chan-Zuckerberg Initiative, Naspers, Silver Lake and Tiger Global.

Naspers and Prosus earnings slashed as Tencent catches a chilly

03:43pm, Thursday, 09'th Dec 2021 Global Business Line
Download PDF JSE heavyweights Naspers and Prosus announced earnings steerage for its half-twelve months results, which were markedly decrease when put next with the prior period. That is predominately because of elevated finance charges and weaker elegant label positive aspects from Tencent and diverse affiliate corporations. Tencent, in conjunction with many Chinese corporations, has fallen
It is Naspers'' subsidiary first investment in a Latin American edtech. The post Prosus leads $60 Million round for Mexican edtech Platzi appeared first on LABS English .
Download PDF By Justin Rowe-Roberts, Investment correspondent Theres below no circumstances a tiring week in the monetary markets. Despite several macroeconomic points unravelling totally on narrative of the pandemic equivalent to offer-chain disruptions and inflationary pressures prompted by unprecedentedly low ardour rates that had been slashed by central banks to revive the worldwide financial

Prosus and Naspers: an unwavering growth technique

12:43pm, Friday, 03'rd Dec 2021 Global Business Line
Download PDF *This scream material is dropped at you by Naspers/Prosus There beget been principal traits at Naspers-Prosus in most modern instances. The Noteworthy Label Release Exchange (a unpleasant-conserving structure that became once highly criticised by asset managers) became once implemented, which made Naspers smaller within the native market and Prosus better within the European
Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. The round was led by Prosus Ventures, the venture firm majority-owned by Naspers, and EDBI. Participants included SoftBank Corp.-owned Japanese tech conglomerate Z Holdings. Returning investors included UBS, Singtel Innov8 []
Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. The round was led by Prosus Ventures, the venture firm majority-owned by Naspers, and EDBI. Participants included SoftBank Corp.-owned Japanese tech conglomerate Z Holdings. Returning investors included UBS, Singtel Innov8 []

Naspers profits up 11%

12:53pm, Thursday, 25'th Nov 2021 Tv Tech News
South Africa-based technology conglomerate Naspers reported that its first-half profits had risen 11 per cent helped by the companys major stakes in Chinese internet giant Tencent (in which Naspers indirectly owns a 29 per cent stake). Source: Naspers profits up 11%

Prosus: R350bn spent, for no profit

03:00am, Thursday, 25'th Nov 2021 BusinessLIVE
Naspers has invested a colossal R350bn in its e-commerce businesses this past decade. But profit remains elusive

Naspers logs 11% rise in first-half profit

07:18am, Monday, 22'nd Nov 2021 Tech Central
Naspers first-half profit climbed 11%, driven by a large contribution from Chinese Internet giant Tencent.
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