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Naspers Ltd Updates On Share Purchase
Naspers Provides An Update On Share Purchase
Prosus: Ordinary Shares N To Be Listed, Traded On A2x From Dec 23
Naspers Limited (Naspers) is a global Internet group and technology investor, operating in more than 120 countries. The Company operates platforms in Internet, video entertainment and media sectors. Naspers has invested in, acquired or built include Avito, Brainly, Codecademy, Delivery Hero, eMAG, ibibo, iFood, letgo, Media24, Movile, MultiChoice, OLX, PayU, SimilarWeb, Swiggy, Twiggle and Udemy.
Naspers Centre Capetown 8000
PO Box 2271
J. P. Bekker
Non-Executive Chairman of the Board
Bob van Dijk
Chief Executive Officer, Executive Director
Basil V. Sgourdos
Financial director, Executive Director
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* Prosus revenue increased 53% to $2.17 bln (Adds details from media call)
Dutch technology investor Prosus <PRX.AS> said on Friday it would buy back up to $5 billion in its own and South African parent Naspers' <NPNJn.J> shares, as part of efforts to narrow a discount between the companies' share prices and underlying assets.
* Food delivery revenues grew 99%, classifieds grew 50% (Adds details from call, background)
South African media and e-commerce group Naspers <NPNJn.J> reported a 4.5% drop in profit for the year to March 31, mainly on investments to drive growth in its food delivery business.
South African media and e-commerce behemoth Naspers Ltd said on Thursday its core headline earnings per share (HEPS) for the full year ended March are likely to drop by 10-16%.
* SEES FY HEPS FROM TOTAL OPERATIONS TO DECREASE BY 46.9% - 40.9%
South African e-commerce group Naspers said on Wednesday a number of its divisions had been hurt by the coronavirus outbreak, but that it was too early to estimate the overall impact on the group's performance.
South African e-commerce group Naspers said on Wednesday a number of its divisions had been hurt by the coronavirus outbreak, but that it was too early to estimate the impact on the group's performance.
South Africa's Naspers Ltd said on Wednesday it sold around 1.5 billion euros ($1.66 billion) worth of shares in Prosus, the Amsterdam-listed subsidiary housing its internet empire.
South Africa's Naspers said on Wednesday it sold around 1.5 billion euros ($1.66 billion) worth of shares in Prosus, the Amsterdam-listed subsidiary housing its internet empire.
Internet group Prosus <PRX.AS> is confident about its $6.3 billion offer to buy Just Eat <JE.L>, CEO Bob van Dijk said on Friday, even though a rise in rival bidder Takeaway's shares has all but wiped out its financial upper hand.
South African e-commerce giant Naspers on Friday reported a 48% fall in profit for the six months to Sept. 30 reflecting a drop in gains from its stake in China's Tencent
South Africa's e-commerce group Naspers Ltd on Monday forecast lower headline earnings per share (HEPS) for the first half, hurt by a big drop in gains on investments in China's Tencent.
Prosus NV said on Tuesday it has made an offer to buy British food delivery firm Just Eat Plc for 710 pence per share.
South African investment company Naspers Ltd. said on Monday it holds a 74% stake in Prosus <PRX.AS>, the Dutch holding firm it has spun off to run its global consumer internet investments, including a 31% stake in China's Tencent <0700.HK>.
South Africa's rand weakened on Wednesday after data showing business confidence in the country has collapsed, undermining a push by President Cyril Ramaphosa to kick-start growth after a decade of stagnation.
* South Africa's Naspers to retain 75% stake, control (Updates to add Naspers share movement)
Shares in South Africa's e-commerce giant Naspers tumbled more than 30% on Wednesday following the market debut of its spin-off Prosus in Amsterdam.
Shares in the spin-off of South African e-commerce group Naspers surged more than 25% in the first minutes of their market debut in Amsterdam on Wednesday.
South African e-commerce group Naspers <NPNJn.J> is listing its international internet assets, including its 31% stake in China's Tencent <0700.HK>, in Amsterdam on Wednesday under the name of Prosus.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.