by Pavel Marceux | Jun 21, 2019 | Financials / Deals
South African giant Naspers has delayed its planned $100 billion U.S. European listing of global internet assets by two months, due to an administrative error by an external service provider. The Johannesburg-listed company was meant to list on Euronext Amsterdam on...
by Deb Stowe | Jun 19, 2019 | Financials / Deals
OLX Romania, the country’s largest horizontal, posted a net profit of RON 27.5 million ($6.5 million U.S.) last year. That’s a year-on-year increase of 43 percent, according to local financial daily Ziarul Financiar. Last year saw OLX Romania implement stricter...
by Adegoke Seun | Jun 18, 2019 | Marketplaces
Naspers-owned OLX Group’s sale of its African OLX horizontals to Ukraine-based Genesis Technology Partners is officially complete. Genesis subsidiary Jiji.ng now owns OLX horizontals in Nigeria, Ghana, Kenya, Tanzania, and Uganda. They will be managed by Walie...
by Louisa Steyl | Jun 18, 2019 | Financials / Deals
Naspers has announced in a trading statement that it expects core headline earning to increase by 31 or 33 percent for the year ended March 30, 2019. The South African media giant is expected to release its summarised consolidated financial results on Friday. The...
by Emre Dalkilic | Jun 14, 2019 | Real Estate
Evtiko, the real estate vertical launched by Sina Afra in 2016, has announced via Twitter that it will end operations in Turkey. The site said it will continue providing tech and infrastructure support to the Tiko brand in Spain. This content is part of our business...
