Dramatic changes for firms reliant on the gig economy are coming
CEO Bloisi’s ‘moonshot’ pay plan remains in place thanks to its A shareholders
Shares in Prosus and Naspers bounced 5% on Monday, thanks to rising profits in its non-Tencent businesses
Broadly, the group’s profitability has jumped 84%, while free cash flow is up $2bn in three years.
An AI victory for Tencent will be a hit for Naspers/Prosus too – far more than what CEO Fabricio Bloisi might deliver
Whether Fabricio Bloisi wins his $100m ‘moonshot’ award largely comes down to the performance of Chinese tech conglomerate Tencent
The company’s share price is up 67% in a year, taking its market capitalisation to a record €120bn
Investors pitched up in droves to vote down the company’s pay policy. But a plan to split the shares has received a resounding ‘yes’
Investors say the argument for unbundling Tencent is compelling, citing China’s political risk. Prosus chair Koos Bekker sees it entirely differently
Naspers and Prosus’s sprawling business is in the black – even without Chinese investment Tencent
An R80bn offer for a business that made a R38bn loss last year sounds mad – but this is the world of food delivery, and Prosus wants more
If you didn’t keep your eye on Sens over the festive season, here’s a quick roundup
Naspers/Prosus are making actual profits that have nothing to do with Tencent – at last
Bengaluru – India’s Silicon Valley – has been quite the wealth creator for South Africans … especially those who can swing a cricket bat. Big-hitter AB de Villiers memorably…
It’s hard to imagine now, but there was a time when shareholders and consumers didn’t care a jot about fatalities in the mining sector. Today an accident, particularly one…