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South Africa’s economy is a basket case. Yet many South African companies have strong prospects. Naspers, which accounts for 24% of EZA's portfolio is a global tech company trading at an absurd discount. South Africa's large exposure to gold mining also means it will benefi...
Nasper ( OTCPK:NPSNY ) +1.9% and Prosus ( OTCPK:PROSY ) +2.4% in JSE as Tencent posted strong earnings and revenue beat. More news on: Naspers Limited, Prosus N.V., Naspers Limited Read more ...
Perhaps the biggest technological change of the current age is the massive shift of enterprise IT spending to the public cloud. The public cloud offers numerous benefits to companies, saving costs by eliminating the need to buy and manage one's own infrastructure, offering the ability to scale u...
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Dear co-investor, We finished a quarter marked, once again, by the huge impact that COVID-19 has had on our lives. A quarter in which we can at least hope that the worst is over. I would like to give everyone who has been affected much encouragement and, of course, thank all of our investors...
Original post Editor's Note : The summary bullets for this article were chosen by Seeking Read more ...
It looks like Uber Technologies (NYSE: UBER) didn't abandon the mergers and acquisitions market after failing to buy food delivery specialist Grubhub (NYSE: GRUB) . The Wall Street Journal reports Uber is now in talks to acquire Postmates for $2.6 billion in a deal that could be announc...
Introduction Just Eat Takeaway( OTCPK:TKAYF ) and Grubhub( GRUB ) have announced their planned merger . Grubhub will consolidate with the European food delivery powerhouse to form 'the largest food delivery business outside China'. Many analysts are positive about this merger, they th...
Shares of eBay (NASDAQ: EBAY) gained 14.3% in May, according to data from S&P Global Market Intelligence . Last month's gains came on the heels of a 33% pop for the company's stock price in April. ^SPX data by YCharts Continue reading
Hypothesis eBay (EBAY) is about to sell its classifieds unit, which as a standalone is one of the biggest players in the industry. Prosus (PROSF) (PROSY) and Adevinta (ADEVF) (MKPEF) would both benefit from the deal since eBay Classifieds Group's portfolio offers an outstanding geographical ...
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Naspers Limited (Naspers) (JSE: NPN): Shareholders are advised that the Naspers group (“the Group”) is finalising its financial statements for the year ended 31 March 2024. During the year our ecommerce businesses delivered peer leading growth and accelerated profitability. We a...
While international stocks have been quite tumultuous this year, the story of South African investment company Naspers (OTC: NPSNY) and its associated investee, Prosus (OTC: PROSY) , keeps getting better. While investors in this conglomerate have had a difficult few year...