Tag: Naspers

Naspers’ OLX buys stakes in Webuycars
Tech

Naspers’ OLX buys stakes in Webuycars

Naspers’ wholly-owned subsidiary, OLX Group, said it made an investment of ZAR 1.4 billion in Webuycars. Webuycars is South African-based used car marketplace offering a specialised car buying service to sellers and was founded 17 years ago by Faan and Dirk van der Walt. The hands-on entrepreneurs have built the […]

Naspers-backed Movile raises $124 million
Global Tech

Naspers-backed Movile raises $124 million

Naspers said it alonside Brazilian investment fund, Innova Capital invested US$124million dollars in Movile. Naspers said in a statement that the fresh capital will be used for the expansion of several of the group’s companies, including Zoop and Sympla, in addition to scaling iFood’s business with an investment in logistics. […]

Naspers invests $210 Million in Swiggy
JSE SENS Tech

Naspers invests $210 Million in Swiggy

Naspers Limited said it made an additional investment in Swiggy, an online food ordering and delivery platform in India. The Series G investment round is expected to close upon satisfaction of customary closing conditions. The participation in this US$210m Series G funding round is Naspers’ third investment in Swiggy, after […]