NASPERS
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Naspers eMAG Stake Up To Almost 80%
South Africa’s Naspers, one of the most powerful actors in the global ecommerce industry, has increased its stake in Romanian leading online retailer eMAG to almost 80%, following an about EUR100 million investment.
Naspers CEO: eMag Can Be Romania’s Unicorn
eMag, the largest online retailer in Romania, which posted 1.95 billion lei (EUR438 million) revenue last year, its operations in Bulgaria, Hungary and Poland included, may reach the ‘unicor...
Naspers Sells Firm It Planned To Merge With eMag; Decides To Focus On eMag
South African global internet and media company Naspers announced Monday that it sold its stakes in two companies in Central and Eastern Europe to a Czech investment firm for $201 million, a...
Naspers Buys Owner Of Local Classifieds Website tocmai.ro
Norwegian group Schibsted Media Group will sell the company that owns Romanian classifieds website www.tocmai.ro to Naspers (South Africa), in a deal that also includes its Portuguese subsid...
Radu Apostolescu Sells Stake In emag.ro To Naspers Group, Iulian Stanciu
Radu Apostolescu, development manager of Romania’s largest online computer and electronics retailer eMAG, decided to sell his stake in the company to shareholders Naspers group and Iulian St...
eMag Sees Online Electro-IT Market Up 20% In 2014
Romania’s economy will most likely stagnate this year, but the online electro-IT market is poised for a significant growth, of more than 20%, according to Iulian Stanciu, general manager of...
Naspers Is Entitled To Buy At Least Another 8.5% Stake In eMag
After buying a 70% stake in Romania’s largest online computer and electronics retailer eMag last year, South Africa’s Naspers group imposed strict conditions for the sale of the remaining sh...
Naspers: Online Sales Only 2% Of Romania’s Retail Market
E-commerce accounted for only 2% of the overall Romanian retail market in 2012 compared with 6% in the Czech Republic and 4% in Poland. However, this shows a significant potential for growth...
Naspers Paid $83M For 70% In eMag
South-African internet giant Naspers paid around $80 million in October for a 70% stake in Romania's largest online retailer eMag.