tencentlatest news & developments
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

Naspers CFO Nico Marais. Supplied

The Naspers ‘rump’ has (finally) found its sizzle  

Not too long ago, Naspers’s e-commerce businesses were burning cash. Now they’re almost all profitable, while the Tencent juggernaut soldiers on

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

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

Top image: Koos Bekker. Picture: Gallo Images/Financial Mail/Hetty Zantman.

Koos Bekker’s share sales: bricks over tech?

The Naspers chair has sold chunks of his shares to fund his hotel-building spree. But for ordinary investors, now might be the time to buy

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