2019

in review

May

Honor

Naspers invests US$35m in Honor, enabling the health innovator to grow its national network of home-care agencies.

US$ 35m

invested in Honor

OLX Group

OLX Group invests US$89m in Frontier Car Group to continue expanding and disrupting the used-car sector in high-growth markets.

US$ 89m

invested in Frontier Car Group

Jun

OLX Group

OLX Group and Properati agree to join forces in Latin America, strengthening its presence in that real estate market.

July

Swiggy

Naspers further commits to Indian food-delivery business Swiggy, investing US$79m as part of a US$210m investment round.

US$ 79m

PayU

PayU invests US$12m in PaySense. PaySense is a fintech startup based in Mumbai India. The company is focused on digital lending, serving short-duration microloans to Indian consumers.

US$ 12m

invested in PaySense

Movile

Movile announces a new round of investment, led by Naspers with participation by Brazilian investment fund, Innova Capital (Innova), with a combination of primary and secondary investment totalling US$124m.

Aug

PayU

PayU announces the acquisition of leading payments technology platform, Zooz, for US$60m. The deal supports PayU’s ongoing expansion into high-growth markets and addresses the significant opportunity in cross-border payments.

letgo

letgo acquires the share capital held by non-controlling shareholders of letgo USA B.V. of US$189m.

Flipkart

Naspers disposes of its 12% stake in Indian ecommerce company, Flipkart, to US-based retailer Walmart for US$2.2bn, delivering a 29% internal rate of return on investment.

29%

internal rate of return on investment in Flipkart

Sept

Naspers announces its intention to separately list and unbundle its Video Entertainment business as MultiChoice Group on the JSE, creating an empowered, standalone Africa-wide entertainment business; unlocking value for Naspers shareholders; and increasing Phuthuma Nathi shareholding in MultiChoice South Africa to 25%.

SoloLearn

Naspers invests US$5.6m in SoloLearn to enable the education innovator to fund product enhancement, global expansion and launch a career service for the community.

US$ 5.6m

invested in SoloLearn

Oct

Naspers boosts the South African technology sector with a R4.6bn commitment over the next three years: R1.4bn will be invested in startups through Naspers Foundry and R3.2bn in further developing the group’s existing South African businesses.

R 4.6bn

Naspers Labs

Naspers confirms it is piloting Naspers Labs – its holistic programme to address youth unemployment in South Africa

Nov

Movile

Movile receives a new funding commitment from Naspers and Innova to invest an additional US$400m in iFood, to enable iFood to accelerate growth by expanding coverage and investment in first-party delivery capabilities, speed up product development and innovation and deliver personalised experiences to its customers.

US$ 400m

invests in iFood

Dec

dott

Naspers invests in dott to transform city mobility in Europe.

BYJU’S

Naspers invests US$383m as part of a US$540m investment round in BYJU’S, one of the world’s largest education companies. The funds will fuel international expansion and further personalise learning.

Naspers shares approved for inclusion in the list of qualifying equity securities to be traded on A2X from 27 December 2018.

Swiggy

Naspers invests US$637m as part of a US$1bn investment round in Swiggy, India’s largest food-delivery platform.

Jan

OLX Group

OLX Group invests US$1.16bn to acquire the share capital held by non-controlling shareholders of Avito, the leading online general classifieds and property platform in Russia, taking its effective interest to 100%.

Feb

MultiChoice Group

MultiChoice Group lists on the JSE.

100%

Mar

Video Entertainment business unbundled.

Euronext Amsterdam

Naspers announces its intention to list its international assets on Euronext Amsterdam.