Naspers

Moneyweb set to do legal battle with Fin 24 over plagiarism allegations

South African financial site Moneyweb is taking Fin 24, part of Nasper’s 24.com stable, to court over alleged plagiarism, copyright infringement and unfair competition….

Internet properties bump Naspers profit up 23%

Emerging markets media and internet giant Naspers saw its profit jump 23% on the back of seriously strong internet sales. The Cape Town-based company…

DStv and MWEB team up to offer movie downloads, free data

Paid digital satellite TV service DStv is teaming up with internet service provider MWEB to give its subscribers 6GB of ADSL data as well…

Naspers shutters Indian online classifieds in OLX consolidation move

Naspers has dumped its Indian classifieds platform TradusAds in favour of the internationally renowned OLX, the world’s largest free classified site with over 130…

OLX launches iPad app

Online classified sites are big business these days. There’s a reason have been accused of killing the newspaper industry. Now one of the biggest…

Emerging markets are killing when it comes to mobile social networks

Instagram’s a pretty big mobile social network. A user base now sitting somewhere north of the 30-million mark is nothing to be sneezed at….

Exclusive: Major int’l VC stealthily buying into SA eCommerce sites

A major US$3.5-billion New York-based hedge fund headed by investor Lee Fixel has been quietly buying up some major eCommerce properties in South Africa…

The emerging market social-networking superpowers

There is something going on in China, Russia and South Africa. Via various internet investments and creations, these three countries combined have built up…

World’s largest internet market just got larger

The world’s biggest online market just got bigger. There are now 450-million Chinese internet users, which is just over a third of the country’s…

Artificial intelligence to transform web: Russian tycoon

The emergence of artificial intelligence will transform the Internet industry and social networking over the next decade, says Russia’s leading web tycoon. The low-profile…

Tencent, Qihoo need to ‘strengthen professional ethics’: Chinese govt

Two of China’s leading internet companies, Tencent and Qihoo, have been forced by the Chinese authorities to issue public apologies over a nasty spat…

Mail.ru soars on London stock debut

Shares in Russian Internet company Mail.ru, an investor in social networking site Facebook, surged on their London debut on Friday. Shares in the largest…

Africa’s tech explosion promises economic growth

Ask web entrepreneur Stefan Magdalinski why he moved from London to Cape Town two years ago, and he points to a map that illustrates…

Naspers’ internet buying spree continues with new social network purchase

South African media giant Naspers has added to its growing collection of global internet businesses, recently buying a “controlling interest” in social networking site…

Nimbuzz planning African mobile launch

Nimbuzz, the mobile social messaging service, may not be particularly well-known in Africa, but all that is about to change. This is according to…

Do banks block mobile money innovation in Africa?

A recent blog posting by Dr. Bill Maurer on the CGAP website spoke about mobile money’s innovation crisis. The author claims that nothing new has…

Tencent acquires major Chinese social network from Google

China’s largest online company, Tencent, has bought Beijing-based social networking provider Comsenz from search giant Google and VC firm,Sequoia Capital for $60-million. Comsenz is…

Naspers buys another price comparison site

PriceCheck, a South African price comparison website, has been acquired by MIH, the investment arm of Naspers, the emerging market internet giant. Naspers recently…

South Africa, Naspers and the Facebook connection

Emerging market internet media giant Naspers has announced that it will acquire a 28.7% stake in Digital Sky Technologies (DST), the Russian internet company…

Could social networking actually be a threat to democracy?

Most analysis about social networking tends to focus on the phenomenon’s utopian qualities, but rarely take the dystopian view which focuses on its negative…

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