Ibibo Group News

Bob van Dijk, CEO, Naspers

Africa's most valuable company Naspers worth less than what it owns (Infographics)

Fifteen years ago, a South African media company invested $34 million in an obscure Chinese Internet developer. Today that stake is worth $88 billion.

South Africa's Naspers invests $250M in India internet travel firm Ibibo

South Africa's Naspers invests $250M in India internet travel firm Ibibo

Naspers Ltd., Africa’s largest company by market value, invested a further $250 million in Indian Internet-travel group Ibibo to strengthen the firm’s market position in hotel bookings and add new technology.

Africa's biggest media company will fight Netflix for control of the global streaming market

Africa's biggest media company will fight Netflix for control of the global streaming market

When Naspers, the South African media conglomerate, launched its video-on-demand (VOD) service Showmax earlier this year, the assumption was this was an attempt at keeping out Netflix.

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

Naspers Ltd. sold bonds for the first time in almost two years to fund emerging-market Internet acquisitions, a strategy that’s transformed the media group into Africa’s biggest publicly traded company by market value.