Sean Peche slams Naspers/Prosus management, a voice for South African savers
UK-based fund manager Sean Peche has had enough of the brutal value destruction taking place at Naspers and Prosus.
UK-based fund manager Sean Peche has had enough of the brutal value destruction taking place at Naspers and Prosus.
Ted Black delves deeper into the performance of food delivery services and makes his own assessment on whether Prosus really lost out on Just Eat.
It turns out that Amazon, which is constantly coming up with ways to scale up its revenues, thinks that Deliveroo’s energetic riders can help fuel its bottom line.
Naspers, frustrated that investors give it no credit for its investments other than a stake in Chinese Internet behemoth Tencent, is considering listing some businesses on the stock market to highlight their value.
Naspers is planning to invest more in businesses including food delivery to help narrow the valuation gap between Africa’s biggest company and its stake in Chinese internet giant Tencent.
South Africa’s Naspers appears to have acquired a similar reputation to that of Warren Buffett in the global tech field.