Both have, however, balked at a valuation of about $20bn demanded by Baidu and as both companies face scrutiny by China’s anti-trust regulators
The pandemic had little effect on the group’s ability to operate, saying it is benefiting from rapid demand for cloud-based services
Possible takeover of workplace chat app would help companies to compete more aggressively with Microsoft
US firm diversifying production to minimise effect of a Sino-US trade war
Group says it has decided not to declare a dividend due to uncertainty around Covid-19
The group sees global demand for products of design and manufacturing unit Create
Electronics group expects to recover to pre-pandemic lockdown financial performances
Since September, Prosus says it has concluded more than $760m worth of deals, many of which are yet to be announced
Naspers is pinning its hopes on education as a new area of growth, driven by increased online learning due to Covid-19
Company will buy $1.37bn of its own shares and $3.63bn more of its parent
Consultation with interested bidders will go ahead this week, says privatisation minister
Broadcasting group’s revenue has been hammered by the pandemic lockdowns
SA’s second-biggest food retailer has become MTN’s first mobile virtual network operator
Covid-19 has highlighted the need for inclusive infrastructure, such as township access to broad-band services, Maseko says
Vodacom CEO Shameel Joosub talks to Business Day TV about the company’s financial performance
At end-September 2019, Naspers recognised 100% of Prosus earnings compared with 72.66% in the current period
The mobile phone operator is the fifth-largest insurer in SA in terms of profitability, the CEO says
Pandemic has forced people to work from home, with data usage in SA surging
Holding company argues it was entitled to keep using network to use up a shortfall
