Naspers news and trends

Latest Prosus Offer Snubbed By Just Eat
Partnerships / Acquisitions // December 10, 2019

Just Eat has once again turned down an offer from Netherlands-based Prosus, saying the deal still “significantly undervalues” the company, the Financial Times (FT) reported on Tuesday (Dec. 10). Prosus, an arm of South African internet giant Naspers, upped its cash offer to a bit...

Amsterdam’s Prosus Boosts Just Eat Bid To $6.5B
Partnerships / Acquisitions // December 09, 2019

Naspers-owned Prosus upped its bid to $6.5 billion on Monday (Dec. 9) to acquire London’s food delivery service Just Eat, putting pressure on rival buyer Takeaway, Reuters reported. Just Eat favors Takeaway’s all-share bid, although the new cash offer from Prosus is 5 percent more....

Just Eat Snubs $6.3B Prosus Offer; Will Move Forward With Takeaway Merger
Acquiring // November 11, 2019

Just Eat has turned down a hostile £4.9 billion ($6.3 billion) cash bid from Prosus, the Amsterdam arm of the South African tech conglomerate Naspers, as reported on Monday (Nov. 11). Despite opposition from some shareholders, the London-based Just Eat wants to move forward with...

Just Eat Rejects $6B Buyout Bid From Prosus
Delivery // October 23, 2019

London food delivery service Just Eat turned down a $6.2 billion offer from Amsterdam investment firm Prosus, the Associated Press (AP) reported on Tuesday (Oct. 22). This is the third time Just Eat rejected a takeover bid from Prosus, the South African investment arm of...

Interviews & Exclusives
letgo CEO: How AI Helps Reinvent The Secondhand Marketplace

August 17, 2018
It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it.  But make the decision and letgo helps people, well, let go.  CEO Alec Oxenford tells PYMNTS how AI – specifically auto recognition tech – helps match buyers and sellers, and gives a peek at how it might spend some of the $500 million in funding it just raised.  

Quick Reads
Bitcoin Daily: Travala.com Combines With TravelbyBit; France Tests Blockchain-Operational Digital Euro

May 20, 2020
Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). Travala.com CEO Juan Otero said in the announcement, “We couldn’t be more excited to join forces with TravelbyBit, which is backed by Binance and have constantly been achieving and pushing […]

Latest Prosus Offer Snubbed By Just Eat

December 10, 2019
Just Eat has once again turned down an offer from Netherlands-based Prosus, saying the deal still “significantly undervalues” the company, the Financial Times (FT) reported on Tuesday (Dec. 10). Prosus,...

Amsterdam’s Prosus Boosts Just Eat Bid To $6.5B

December 09, 2019
Naspers-owned Prosus upped its bid to $6.5 billion on Monday (Dec. 9) to acquire London’s food delivery service Just Eat, putting pressure on rival buyer Takeaway, Reuters reported. Just Eat...

Just Eat Snubs $6.3B Prosus Offer; Will Move Forward With Takeaway Merger

November 11, 2019
Just Eat has turned down a hostile £4.9 billion ($6.3 billion) cash bid from Prosus, the Amsterdam arm of the South African tech conglomerate Naspers, as reported on Monday (Nov....