Tag: naspers


Hein Pretorius is new CEO of Hepsiburada.com

Hein Pretorius is new CEO of Hepsiburada.com

Hepsiburada.com, one of the biggest online retailers in Turkey, appointed Hein Pretorius as CEO of the company. Pretorius, who served on the Hepsiburada advisory board between February and his appointment as CEO, was CEO of MIH Internet Group in Europe (a Naspers company) until 2014. He will start in his new position soon. Hepsiburada is a business of Doğan Online.

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Did Naspers chief do Indeed (and all job sites) a favor?

Did Naspers chief do Indeed (and all job sites) a favor?

The European Commission has fined Google €2.42 billion ($2.6 billion U.S.) for antitrust violations, ruling Google was "abused its market dominance as a search engine by giving an illegal advantage to another Google product, its comparison shopping service". Could this, perhaps, change the game for Google Jobs? And should every recruitment site, especially Indeed, send a "thank you" note to Koos Bekker, chairman of Naspers?


OLX to test a payments service in four countries

OLX to test a payments service in four countries

OLX Group is testing a payments service for buyers and sellers on its classifieds platforms in four countries (UAE, Ukraine, Bulgaria and Brazil). If the “experiments” in these countries show promise, “third-party payments functionality will be introduced elsewhere”, said Martin Scheepbouwer, CEO of OLX Group, in response to a question of an analyst during the Naspers results webcast earlier this week.

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Naspers results: Classifieds about to break even

OLX Group, the classifieds business of Naspers, is close to breaking even. Take LetGo out of the numbers, and OLX Group may even turn its first trading profit in the current financial year (FY2017/18 to end-March 2018). Excluding LetGo, the trading loss of OLX Group dropped to “only” $78 million U.S. in FY2016/17 from $192 million U.S. in FY2015/16, and $286 million the year before that. If this trend stays intact, OLX Group should be breaking even any month now.



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