Naspers Ltd (NPNJn.J)
BERLIN The chief executive of online food ordering firm Delivery Hero expects competition from the likes of Amazon and Uber to make it harder to make money although the German company is still targeting breakeven this year.
* RAISES $100 MILLION IN SERIES F FUNDING FROM NASPERS AND MEITUAN-DIANPING Source text: [Swiggy, India’s leading food ordering and delivery platform, announced today that it has raised USD 100 million in Series F funding, its largest round yet. Led by Naspers, a global internet and entertainment group, and one of the world’s largest technology investors, the Series also includes new investor Meituan-Dianping, China's largest service e-commerce platform.]
JOHANNESBURG, Feb 1 South Africa's rand weakened against the dollar on Thursday, with market attention pinned on President Jacob Zuma's future, while market-heavyweight Naspers weighed on the bourse.
JOHANNESBURG, Jan 31 A unit of African media and e-commerce giant Naspers said on Wednesday it would not renew its contract with African News Network 7, formerly owned by friends of President Jacob Zuma, citing controversy around owners of the TV channel.
JOHANNESBURG, Jan 31 A unit of African media and e-commerce giant Naspers said on Wednesday it will not renew its contract with a news channel previously owned by the Gupta family, friends of President Jacob Zuma accused of unduly influencing government.
BERLIN Shares in online food ordering firms Delivery Hero and Takeaway.com , battling for control of the German market, jumped on on Monday after the chief executive of the Dutch company raised the idea of a merger.
* Delivery Hero CEO sees consolidation, but not soon in Germany
- Note: Reuters has not verified this story and does not vouch for its accuracy
JOHANNESBURG, Dec 8 South Africa's rand strengthened on Friday after a court ruled that President Jacob Zuma's appointment of a state prosecutor to decide whether to reinstate corruption charges against him was not valid, while shares in Steinhoff plunged further.
JOHANNESBURG, Dec 5 U.S. law firm Pomerantz LLP said on Tuesday it had launched an investigation into whether South Africa's Naspers and its directors had engaged in any business malpractices.