Competition Commission of India clears MakeMyTrip-ibibo merger

Arti Singh

The proposed merger of online travel agencies MakeMyTrip Ltd and ibibo Group has inched closer to completion with the Competition ....

20 January, 2017

Flipkart, Amazon drop $1 bn Souq acquisition bid: Report

Team TC

US-based Inc and Indian online retailer Flipkart have dropped a bid to acquire Middle East-based horizontal e-commerce ....

18 January, 2017

Internet firm Naspers sets up India office for investments, M&As

Dearton Thomas Hector

South African media and internet conglomerate Naspers Ltd has hired Ashutosh Sharma from venture capital firm Norwest Venture ....

14 November, 2016

Naspers: Master of consolidation in Indian Internet business

Binu Paul

Consolidation is not an unfamiliar word for new-age Internet businesses. It signals a maturing of the industry after a burst ....

20 October, 2016

Online payments firm PayU to buy rival Citrus Pay for $130 mn

Arti Singh

Online payments company PayU, owned by South African Internet conglomerate Naspers, has agreed to buy Mumbai-based rival Citrus ....

14 September, 2016

Naspers set to acquire Citrus Pay for up to $180 mn

Arti Singh

South African media and Internet conglomerate Naspers Ltd is set to acquire Mumbai-based online payments company Citrus Payments ....

8 August, 2016

UAE's e-com venture Souq raises record $275M from Tiger Global, Naspers & others

Arti Singh

Middle East-based horizontal e-com venture has completed a funding round worth more than $275 million in what is termed ....

1 March, 2016

Naspers to pump in $250M more in Indian online travel services unit Ibibo


Online travel services provider ibibo Group today said Internet and media firm Naspers, the principal share owner in the company, ....

24 February, 2016

Naspers to get control of Russian online classifieds property Avito for $1.2B

Vijayakumar Pitchiah

South Africa's Naspers has inked a deal to buy a majority stake in Russian online classifieds platform Avito in a transaction ....

23 October, 2015

Naspers takes redBus global; launches bus ticketing service in Singapore, Malaysia

Debjyoti Roy

Online travel group ibibo, part of South African media conglomerate Naspers Ltd, is taking its bus ticketing service redBus to ....

27 July, 2015

Flipkart raises $1B from Tiger Global, Naspers, Singapore's GIC & others


India's largest e-commerce platform has raised $1 billion (around Rs 6,000 crore) in a fresh funding round co-led ....

29 July, 2014