Tag: naspers


OLX Pakistan migrates to new technology

OLX Pakistan migrates to new technology

Naspers-owned OLX Pakistan has got a new look along with a migration from its decade-old technology to help its team meet "aggressive" revenue targets ahead, people familiar with the matter told the AIM Group.


OLX Brazil to monetize jobs

OLX Brazil to monetize jobs

OLX Brazil, a 50/50 joint venture (JV) between Schibsted and Naspers, plans to monetize the jobs vertical. This follows accelerated monetization efforts for both its real estate and autos verticals, the AIM Group has learned.

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Tencent drops out of global top ten

The market value of Tencent Holdings Ltd., the company behind China's one billion-user-strong social network WeChat, continues to plummet. Tencent has dropped out of the world's top ten biggest companies --- just nine months after the Shenzhen-based giant was listed among the top five, along with Apple, Alphabet, Microsoft, and Amazon.com.

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Embattled Tencent restructures business

Tencent Holdings Ltd. has announced its first restructuring in six years, with an eye to better target the “industrial internet.” The move comes after the group announced its first year-on-year quarterly profit drop in more than a decade, in August. 

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CarFirst eyes 12 new bays

CarFirst eyes 12 new bays

Used-car online auction and trading platform CarFirst has unveiled a plan to set up 12 new bays across the country, thanks to an undisclosed series B investment from OLX Group.

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