Engaged in the retail business since 2004, Ms Xu has been leading Wumei’s major acquisitions including that of Metro China and B&Q China, and the digital transformation of the traditional retail stores into online and offline omni-channels. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. non-executive director. 1988. [12] Documents collected by non-profit Open Secrets revealed how Naspers funded the National Party (NP) during apartheid, and that the NP also held 74,000 shares in Naspers in 1984. Prior to Coinbase, she spent more than eight years at LinkedIn Corporation as the vice president of corporate development, and led all M&A deals in the company’s history, including its biggest deal to date, Lynda, as well as He was chair of Strategic Real Estate Management Proprietary Limited, the managers of the Emira Property Fund. Naspers is a global internet and entertainment group founded in South Africa in 1915, and one of the largest technology investors in the world. On 17 April for a number of years, of which he is an honorary life member, and as a trustee to The company announced on Friday that it will spend up to $1.37 billion on buying back its own shares, and $3.73 billion on buying Naspers shares. ... ecommerce companies in the country… He became the head of its news division in 2014, after which media distribution company On the Dot and Media24’s magazine division were added to his responsibilities. MultiChoice was formed out of the subscriber-management branch of the M-Net terrestrial pay television company, and broadcasts the full range of M-Net channels on the DStv service. He has won several awards including Media Man of the Year in 2001 (Saturday Star—Business Report); Media Owner of the Year in 2003 (Financial Mail Adfocus); and the Lifetime Africa Achievement Prize for media In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. Prior to eBay, he spent several years as strategy advisor for leading global consumer goods companies. She also completed the Kennedy School of Government Executive Education programme ‘Global Leadership and Public Policy for the 21st Century’ at Harvard University in 2008. Pat holds a bachelor’s degree in commerce from Santa Clara University and is a certified public accountant. He retired as the chief executive officer of Naspers on 31 March 2014. Read more. Read more. Deal closed on the divestment of Allegro achieving a transaction value of US$3.253bn. Takealot joined the Naspers group in 2015. officer Global Transactions Ecommerce in October 2013. Debra Meyer (South African) is an independent non-executive director. Previously, he spent eight years as senior executive at eBay, responsible for strategy and general management of many of its global marketplaces and classifieds assets. During this tenure, he accumulated extensive experience in all relevant business functions such as strategy, finance, product management, operations and M&A. Read more. Martin is responsible for Classifieds operations at Naspers, managing the OLX Group portfolio which includes dubizzle, Avito and letgo. In a letter written to F.W. Prior to his general management career, he was a founder of an modules in media strategy and academic Takealot is South Africa's largest e-commerce retailer With a mission to be the most customer-centric online shopping destination in Africa, Takealot has grown rapidly since its launch in 2011. Read more. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. Unlike some equity investors, Naspers Foundry is not looking for a sizeable stake in the business — between 10% and 30% is ample. Before joining Naspers Larry was VP and General Manager New Ventures at Trulia, a leading US online real estate marketplace. Nov 23, 2020. In 1995, he moved to the Republic of Ghana, where he served as MultiChoice’s West African regional general manager. Naspers listed on Johannesburg stock exchange. [10][11] It was founded by W. A. Hofmeyr, a well-known Cape lawyer and National Party organizer; Jannie Marais, a prominent Stellenbosch farmer, purchased a quarter of the 20,000 issued £1 shares in the new company. He was appointed as the financial On 31 March 2018, he retired after more than 20 years with the Naspers group. [9] It therefore also supported the Nationalist Party (NP). The principal asset is a ~33% stake in Tencent, a leading Chinese technology conglomerate, which itself is one of … Martin has worked in all life-cycle phases, from starting a greenfield operation to managing a mature, multi-national internet company. Ishmet Davidson joined Media24 in 2012 and became CEO in October 2018. He joined M-Net in 1990 and pioneered MultiChoice’s expansion outside South Africa. Naspers acquires a majority share in OLX as a foundation to build global online Classifieds business segment. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Read more. Foundation). Media24 CEO Esmare Weideman has apologised for Naspers’s role in apartheid. group. Thereafter he joined Naspers, initially as the finance manager of the South African operations division in MultiChoice and then as chief financial officer of Naspers’s investment in United Broadcasting Corporation plc, listed on the Stock Exchange of Thailand, where he remained for 10 years. His team identifies emerging trends, acquiring and operating disruptive platforms for the group. She has also worked in corporate development and strategy roles at Warner Bros. Entertainment Inc. and Yahoo, Inc. She is also on the board of directors of ZipRecruiter, Inc., a marketplace for jobseekers and employers. Nolo Letele joined M-Net in 1990 and pioneered MultiChoice's expansion outside South Africa. 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