Page 25 - Naspers Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Prosus said it struck a $1.8bn deal to acquire Stack Overflow in a bet on growing demand for online tech learning.

MONEYWEB app instead? SA stocks set for longest winning streak since 2013 SA’s main stock gauge climbed for a fourth day, rising 0.5% by 9:46 a.m. in Johannesburg. By Adelaide Changole, Bloomberg 28 May 2021  12:33  Open: Open: Image: Moneyweb South Africa’s main stock gauge climbed for a fourth day, rising 0.5% by 9:46 a.m. in Johannesburg, as gains by iron ore producers, Richemont and banks countered weakness in gold and platinum producers and local market giant Naspers Ltd. The key index is poised for its longest streak of monthly advances for eight years. The Johannesburg...

E-Commerce Service Valued at $235 Million Targets U.S. IPO May 05 2021, 12:15 AM May 04 2021, 8:21 AM May 05 2021, 12:15 AM (Bloomberg) -- SCI Ecommerce, the online shopping service provider backed by two of Alibaba’s earliest employees, has raised more than S$50 million ($38 million) to expand in Southeast Asia ahead of a potential Nasdaq listing. (Bloomberg) -- SCI Ecommerce, the online shopping service provider backed by two of Alibaba’s earliest employees, has raised more than S$50 million ($38 million) to expand in Southeast Asia ahead of a potential Nasdaq listing. Asia Partne...

The Bangalore-based startup was founded by Byju Raveendran. (File photo) NEW DELHI: Byju’s, India’s online education pioneer, is raising about $150 million from UBS Group AG at a valuation of about $16.5 billion, multiple people familiar with the deal said. The funding will make it India’s most-valuable startup. An entity that is part of UBS Asset Management is making the investment. It is in discussions to invest additional money, which would take its total investment in Byju’s to about $300 million, the people said, who asked not be identified as the negotiations are private. The s...

Provided by Dow Jones By Alexandra Wexler JOHANNESBURG -- Africa's largest-listed company, Naspers Ltd., is wrestling with an unusual problem: It made one unbelievably good investment that has now become a headache. Naspers bought a third of Tencent Holdings Ltd. in 2001, years before the operator of the WeChat messaging app became China's most-valuable publicly listed company. The stake itself is now worth over $100 billion more than the market value of Naspers, despite the company's other profitable businesses in areas like online classifieds, payments and ret...