Tencent
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Phuti Mahanyele-Dabengwa Appointed Naspers SA First Female and Black CEO
A little more than 100 years ago, Naspers was created by white South Africans to produce a Dutch-language newspaper. Naspers, now Africa’s largest public company thanks to its investment in China’s Tencent, has appointed Phuti Mahanyele-Dabengwa its first woman, and first black person, as CEO of its SA business ahead of an offshore listing of its valuable…
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Naspers to Invest $1 Billion in The Indian Food Delivering App, Swiggy
Naspers, the South African investment giant, is back at it in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a $1 billion investment in food delivery company Swiggy. The new round sees Chinese internet and Naspers ally Tencent join the party, alongside fellow new investors Hillhouse Capital and Wellington Management…