nasperslatest news & developments
Picture: Rawpixel/FM collage

Takealot’s driver army: a labour issue to be reckoned with 

Dramatic changes for firms reliant on the gig economy are coming

The eternal pointlessness of a Naspers AGM  

CEO Bloisi’s ‘moonshot’ pay plan remains in place thanks to its A shareholders

Prosus Naspers results release. Supplied

Prosus: not just Tencent in a trench coat 

Shares in Prosus and Naspers bounced 5% on Monday, thanks to rising profits in its non-Tencent businesses

Takealot tops $1bn in revenue in ‘landmark year’ for Naspers

Broadly, the group’s profitability has jumped 84%, while free cash flow is up $2bn in three years.

Pony Ma and Fabricio Bloisi. Supplied; Photo by Visual China Group via Getty Images/Visual China Group via Getty Images; Currency collage

Naspers + Prosus: still all up to Tencent (and its AI agent)

An AI victory for Tencent will be a hit for Naspers/Prosus too – far more than what CEO Fabricio Bloisi might deliver

Prosus CEO Fabricio Bloisi.

Bloisi’s $100m bet

Whether Fabricio Bloisi wins his $100m ‘moonshot’ award largely comes down to the performance of Chinese tech conglomerate Tencent

Prosus CEO Fabricio Bloisi.

Has Prosus finally awakened?

The company’s share price is up 67% in a year, taking its market capitalisation to a record €120bn

Naspers votes democracy. Rawpixe/Currency collage

Naspers: share split on the way

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’

Prosus chair Koos Bekker. Dave Benett/Getty Images for The Newt in Somerset & Burberry

No letting go of Tencent, says Prosus chair Koos Bekker 

Investors say the argument for unbundling Tencent is compelling, citing China’s political risk. Prosus chair Koos Bekker sees it entirely differently

Rawpixel / Currency collage

Naspers’s magic moment: Bloisi breaks free of China

Naspers and Prosus’s sprawling business is in the black – even without Chinese investment Tencent

Just Eat, take two

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

Sens

Koos Bekker’s share bonanza, and other tidbits

If you didn’t keep your eye on Sens over the festive season, here’s a quick roundup

Naspers. Image by Currency News

Meals ’n wheels: Naspers finally cashes in

Naspers/Prosus are making actual profits that have nothing to do with Tencent – at last

Swiggy. Image supplied

Inside the Indian food IPO that delivered for Prosus

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…

Checkers Sixty60. Image by Currency News

The death dash

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…