Emboldened investors boost value of Naspers stable by R197bn

United States News News

Emboldened investors boost value of Naspers stable by R197bn
United States Latest News,United States Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Naspers escapes punishment after announcing it will be slashing its workforce almost a third

Naspers came away unscathed in the stock market last week after announcing it will be slashing its workforce almost a third.

The stable, which includes Amsterdam-based subsidiary Prosus, added R197bn to its market value through the week of trading, driven by improving prospects for technology companies in China...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Intel’s ‘historic collapse’ erases $8bn from market valueBrokerage Bernstein says deterioration is stunning and company plans are ‘fantasy’
Read more »

Ramaphosa consolidates control over ANC with clean sweep in national working committeeRamaphosa consolidates control over ANC with clean sweep in national working committeeRamaphosa consolidates control over ANC with clean sweep in national working committee - The outcome is a boost for the president’s renewal agenda going into next year’s election
Read more »

Ramaphosa consolidates control over ANC with clean sweep in national working committeeRamaphosa consolidates control over ANC with clean sweep in national working committeeRamaphosa consolidates control over ANC with clean sweep in national working committee - The outcome is a boost for the president’s renewal agenda going into next year’s election
Read more »



Render Time: 2025-03-01 21:37:06