Tag: naspers


Naspers denies plans to sell Allegro

Naspers denies plans to sell Allegro

According to Naspers’ spokeswoman Meloy Horn, Naspers has no plans to sell its Polish assets. The rumor was placed in the market last week by a report of Reuters. On Friday Naspers’ spokeswoman denied the rumor, saying to Reuters (here) that "Allegro is a strong-performing, profi


Cox Auto likes new investors in BitAuto

Cox Auto likes new investors in BitAuto

As it turns out, the Cox Automotive stake in BitAuto will be considerably diluted by the planned $1.55 billion (U.S.) investment in BitAuto (NYSE: BITA) from Chinese e-commerce site JD.com and Naspers-backed Tencent. (See CIR 16.01.) But Cox is perfectly happy about that. “The transaction was announced but it has not closed yet


Naspers’ assets in Poland may be up for sale

Naspers’ assets in Poland may be up for sale

According to a report on Reuters, South African e-commerce giant Naspers wants to sell its assets in Poland, including the Allegro Group, a leader in the online classifieds market in Eastern Europe. Reuters reported on Jan. 14 (here) that, according to two undisclosed sources, Nasper



Naspers settles for less than outright control in SA

After the approval by South Africa’s Competition Commission of the Kalahari.com/Takealot.com merger on Jan. 5, the two parties now released detail of the deal. Surprising: Naspers will not have outright control of the merged entity… Want to know more about

Naspers and Schibsted put their JVs in place

Naspers and Schibsted put their JVs in place

Following the approval by the EU's anti-trust authority of the Naspers/Schibsted cooperation deal on Dec. 20 (our report here), the two companies moved quickly to get the planned joint ventures up and running. This week the two companies announced under which brands the different JVs will procee


Allegro launches self-serve advertising for sellers

Allegro launches self-serve advertising for sellers

Naspers’ Allegro launched automated search results advertising for the sellers on the platform. For now, the service Ads Allegro work in the mobile application, but it will appear in the desktop version of the site soon. Ads Allegro enables sellers to present their offer on the top of Allegro’s search list. Fees for the new service are collected in the CPC model and the tool c



Naspers grabs exciting brand-building opportunity

In August 2013 Facebook and six other technology companies founded Internet.org, an initiative to bring affordable Internet access to the two-thirds of the global population that is still unconnected. Internet.org identified three “key challenges” to master, if it wants to bring affordable Internet to the "unconnected two-thirds". More about these challenges below. This week Naspers announce


Allegro launches new app for sellers

Allegro launches new app for sellers

Naspers’ Allegro launched a new mobile app for users who sell products on its platform. The launch is supported with a special promotion, during which time you can add a listing via the app for 1 grosz ($0.29 U.S.). The promotion will run until the end of December. The app, called Allegro Sales, makes it possible to add and manage listings on Allegro.pl as well as to share them in social media.



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