Replicating Tencent blockbuster? Naspers earmarks $1bn for India fintech drive - BizNews.com
13 March 2019 5:15 PM IST
Naspers wants to spend about $1bn in India this year as it scours the globe for investments that can replicate its blockbuster bet on China?s Tencent.
- Naspers Ltd. wants to spend about $1bn in India this year as it scours the globe for investments that can replicate its blockbuster bet on China’s Tencent Holdings Ltd., a person familiar with the matter said.
- Africa’s largest company by market value is in talks to inject around $200m into business loan provider Capital Float and payments security firm Wimbo as a first step, according to two people with knowledge of the discussions, who asked not to be identified as the talks are private.
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