Russia-based email, news and blog portal, Mail.Ru, is worth USD2bn after Digital Sky Technologies DST bought a 15% stake for USD300m, according to Quintura, quoting local newspaper Vedomosti. DST, a Russian internet investment group, acquired the 15% stake from Tiger...
Digital Sky Technologies DST, the majority owner of Russian's Mail.ru, is one of three major firms competing to buy Czech search site Seznam, reports paidContent, citing Russian newspaper Financni Novini. Seznam - which reportedly holds a 62% share of the...
MIH Internet Europe, the European online division of South Africa-based Naspers, is acquiring Hungarian online marketplace Vatera.hu. Although the companies did not reveal any financial details, Hungary's Portfolio magazine says Naspers paid HUT1.5bn (USD8m) for Vatera, making the acquisition one...
International Internet Investments Drive Solid Growth CAPE TOWN, South Africa -- Naspers (JSE: NPN) today reported a 19% increase in revenue to R20,5 billion, largely driven by growth in its international internet businesses. The pay-TV sector reported a solid performance for the year ended 31...
CAPE TOWN, South Africa -- Naspers Limited (JSE:NPN) (LSE:NPSN) announced today that, following approaches for the sale of its internet service provider ISP business MWEB, it is initiating an auction process. MWEB is one of the largest residential internet service providers in South Africa and also owns the...
[ILLUSTRATION OMITTED] Moscow, Russia, is the location of the first ConExpo Russia--a four-day event held Sept. 15 to 18, 2008, at the Crocus Expo International Exhibition Center. Organized by the Association of Equipment Manufacturers AEM, ConExpo Russia will bring together construction, forestry and utility industries...
To: NATIONAL EDITORS Contact: Mark Zeltser, Emanuel Zeltsers brother, +1-212-580-4065, mzmus@aol.com or Oxana Adler, Board member, American RussianLaw Institute, +1-917-692-6709, lawinstitute@mail.ru WASHINGTON, April 3, 2008 /PRNewswire-USNewswire/ -- Thefollowing media advisory was issued today by the American RussianLaw Institute: Press Conference shall take place on Monday, April 7, 2008, at8:30...
Naspers Reports Growth and Increased Investment Activity CAPE TOWN, South Africa -- Naspers (JSE:NPN) (LSE:NPSN) reported a 19% increase in revenues to R10,5 billion and a 32% increase in core headline earnings to R1,7 billion for the six months ended 30 September 2007. ...
Announcement of Tender Offer for up to 100% of Warsaw-listed Gadu Gadu, with Majority Owner Irrevocably Committing to Tender 55% Stake Through this investment, Naspers will take control of the leading independent Instant Messenger in Central Europe, with over six million unique users. Naspers expects...
CAPE TOWN, South Africa -- Naspers Limited (JSE:NPN)(NASDAQ:NPSN) today announced its provisional results for the financial year ended 31 March 2007. Naspers reported a 24% increase in revenues to R19,5 billion, a 39% increase in core headline earnings to R2,8 billion and free cash flow...
CAPE TOWN, South Africa -- Further to completion of the US$1.0 billion capital raising (the "Capital Raising"), Naspers announces the pro forma financial effects of this transaction. Naspers has issued a total of 45.6 million new "N" ordinary shares (the "New "N" Shares"), including the exercise in...
CAPE TOWN, South Africa -- Naspers is pleased to announce the pricing of the capital raising announced on 27 February 2007 (the "Capital Raising"). In the Capital Raising, 39.9 million new Naspers "N" shares ("New "N" Shares") have been placed with institutional investors by way...
CAPE TOWN, South Africa -- Naspers (Nasdaq:NPSN)(JSE:NPN) today announced a capital raising by way of a private placement to institutional investors of new Naspers N shares ("New N Shares"), to raise the ZAR-equivalent of approximately US$750 million (the "Capital Raising"). The Capital Raising will be undertaken primarily...
SOUTH AFRICA -- Naspers Limited (JSE:NPN) (NASDAQ:NPSN), today announced that it has acquired a 30% minority stake in Russian internet company Mail.ru for a consideration of US$165 million. The shares have been acquired from Digital Sky Technologies and Tiger Global Management, who remain shareholders of the company....
Russian high-tech concerns, including the Russian Microsoft headquarters, mail.ru service, the Rambler portal, subscribe.ru e-mail service, Ashmanov & Partners agency, Golden Telecom, and the Kaspersky Laboratory, have set up an anti-spam coalition, RIA-Novosti reported on 3 September. Spam accounted for 65 percent of...
*** Asia Pulse Tender *** ***************************************** WORLD BANK UNITED NATIONS DEVELOPMENT BUSINESS SERVICE PROCUREMENTS - JULY 2003 ***************************************** VIET NAM Project: MEKONG TRANSPORT AND FLOOD PROTECTION PROJECT Financing: World...
Business Editors & Sports/High Tech Writers MOSCOW--BUSINESS WIRE--Oct. 25, 2000 The leading Russian-language Internet portal, Port.ru, announced a multi-year agreement today to sponsor top-ranked ATP tennis player, Marat Safin. The 20-year-old Russian ranked No. 1 in the world last month after defeating tennis...
Business Editors/High Tech Writers MOSCOW & NEW YORK--BUSINESS WIRE--Sept. 12, 2000 Russian Internet Portal Takes Major Step Towards Building Platform For Connecting Russian Speakers Globally Port.ru, a leading Russian Internet portal, today announced it is awarding a $1 million...
Russia's governors may be in danger of losing their most widely-watched public forum, the Federation Council, but the proliferation of new websites in Russia suggests that they still have at least one alternative forum. For example, the private website http://www.shaimiev.com just came online, "Kommersant-...
Business & Technology Editors MOSCOW & NEW YORK--BUSINESS WIRE--July 19, 2000 Leading Russian-language Internet portal, Port.ru, Inc., announced a new service as an extension of its popular, free e-mail service, Mail.ru--access for users to their mailboxes through the use of a standard telephone....
Articles 2000-07-19
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