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Naspers banks on disruption

Early-stage investments in disrupters have been key to the Naspers success story. The company’s massively profitable Tencent investment back in 2001 has come to define Naspers and was a big reason why the company listed its internet assets separately as Prosus....

Homes.co.nz implements Restb.ai technology

New Zealand vertical Homes.co.nz has signed a deal with Restb.ai to implement the company’s image recognition technology on its website. Photos uploaded to Homes.co.nz will now automatically be classified according to room type and Kiwis will be able to search...

Gumtree SA gets new autos head

Leading South African horizontal Gumtree has quietly appointed Nunben Dixon as its new head of automotive but he hasn't replaced the company's previous autos head. Instead, Dixon serves in a supplementary capacity.  This article is locked. Please email...

Naspers shareholders vote on capitalization issue

In a note to the Johannesburg Stock Exchange, Naspers has advised shareholders that the capitalization issue and the Naspers A Share capitalization issue were implemented on Monday. The Prosus A Share distribution was implemented on Tuesday. This article is locked....