India’s embattled edtech firm Byju’s is considering a rights issue for existing investors at a $2 billion valuation, according to a source familiar with the company’s plans.
Tencent, Naspers crash as China unveils new gaming curbs news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
S Africa s Naspers says profit doubles, e-commerce portfolio nears breakeven reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
JOHANNESBURG (Reuters) - Technology investor Naspers on Tuesday reported a 78% slump in annual profit, led by a drop in the contribution from China s Tencent which accounts for the bulk of earnings and revenue for the South African investor.