Naspers CEO says firm eyes new acquisitions

Global internet giant Naspers is set to ramp up its growth trajectory as it gears up for new acquisitions and mergers in a strategic move to further diversify its business portfolio. The South Africa-based multinational company, known for its significant investments in internet businesses, is eyeing opportunities to expand its presence in the digital space. CNBC Africa recently caught up with Naspers South Africa CEO, Phuthi Mahanyele-Dabengwa, on the sidelines of the World Economic Forum in Davos to discuss the firm's ambitious plans and strategic vision for the future. During the interview, Mahanyele-Dabengwa highlighted the company's intention to drive accelerated growth within the digital sector. She emphasized the importance of seizing opportunities in the rapidly evolving digital landscape, indicating that Naspers is actively looking to capitalize on emerging trends and technologies to strengthen its market position. With a clear focus on innovation and strategic investments, Naspers aims to leverage its resources and expertise to stay ahead of the curve in the ever-changing digital economy. The company's commitment to exploring new avenues for growth underscores its proactive approach to staying competitive and relevant in a fast-paced industry. Mahanyele-Dabengwa also emphasized the significance of acquisitions and mergers in Naspers' growth strategy, noting that these partnerships play a crucial role in expanding the company's reach and capabilities. By identifying strategic opportunities for collaboration and investment, Naspers seeks to enhance its product offerings and create synergies that drive value for both the company and its stakeholders. As Naspers continues to navigate the dynamic landscape of the digital economy, the company remains focused on driving innovation, fostering partnerships, and exploring new markets to fuel its growth ambitions. With a strong track record of success and a forward-looking vision, Naspers is well-positioned to capitalize on emerging opportunities and drive sustainable growth in the global internet sector. The interview with Mahanyele-Dabengwa provides valuable insights into Naspers' strategic direction and growth plans, shedding light on the company's commitment to innovation, expansion, and value creation in the digital space. As Naspers sets its sights on new acquisitions and mergers, the company's proactive approach and strategic focus are expected to solidify its position as a key player in the competitive landscape of the internet industry.