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<p>Technology company Prosus has announced plans to acquire up to 45.4 per cent of its parent Naspers by issuing new shares. Naspers, which has a controlling stake in Prosus and would remain majority owner says it hopes the deal will improve valuation for both companies. Bob van Dijk, Group CEO of Prosus and Naspers joins CNBC Africa for more.</p>


Naspers plans share swap plan with Prosus in effort to boost value

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<p>The booming Chinese tech industry gives opportunities for big gains from that marketplace. CNBC International spoke to one of the Chinese big tech players, Group CEO of Naspers and Prosus, Bob van Dijk, about how he looks at Chinese tech industry.</p>


World Economic Forum: Bob van Dijk: Why we are excited about India

World Economic Forum: Bob van Dijk: Why we are excited about India, recyclables


<p>By Kopano Gumbi, reporter, CNBC Africa </p>



<p>Africa&#8217;s most valuable public company, Naspers rewarded its CEO, Bob van Dijk handsomely for his work over the previous financial year. Van Dijk has received R1.9 billion ($137 million) in salary, pension, benefits and incentives, according to its 2019 <a href="http://www.naspersreport2019.com/">remuneration report</a>. The bulk comprises options, see below. </p>



<figure class="wp-block-image"><img decoding="async" src="https://www.cnbcafrica.com/wp-content/uploads/2019/07/Bob-options.jpg" alt="" class="wp-image-341129"/></figure>



<p>Naspers is the largest company listed on the Johannesburg
Stock Exchange by market capitalisation, and is in the process of removing its
most profitable assets, the internet group, from the South African business and
listing them on Amsterdam’s Euronext. </p>



<p>This separation and listing is set to go to vote on the 26 August and shareholder’s approval will see the new company, Prosus, listing on 11th September 2019.</p>



<p>Prosus is expected to become Europe&#8217;s largest listed consumer internet company by asset value. </p>



<p>Van Dijk has been the CEO of Naspers since 2013 and has led the business through key transactions, including most recently, the unbundling of video entertainment group, Multichoice from the Naspers group.</p>



<p>He is expected to get a 10 percent increase in his salary in
the coming financial year.</p>


Africa’s largest technology giant Naspers pays CEO Bob van Dijk R1.9 billion

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<p>Naspers results for the year ended March 2019 has seen a revenue increase of 29 per cent to $19 billion.</p>


Naspers CEO: How the company is handling the US-China trade war

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<p>Naspers plans to float its consumer internet businesses with assets valued at more than 100 billion euros on the Euronext stock exchange in Amsterdam on July 17. Naspers will retain a 73 per cent stake in the new company, which will hold assets including Naspers’ 31.2 per cent stake in China’s Tencent, as well as its OLX classified businesses in India and Brazil and its U.S. business, Letgo.<br />
Naspers shareholders will receive shares representing 27 per cent of the new company when it lists, Naspers said in a statement. Naspers CEO, Bob van Dijk shares more details.</p>


Naspers CEO Bob van Dijk on planned listing of internet assets

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<p>The Naspers Group, a global tech leader, has unveiled plans to list its internet operations in Europe. CNBC Africa spoke to Naspers CEO Bob van Dijk on what&#8217;s next?</p>


Naspers CEO Bob van Dijk on Amsterdam listing

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<p>Naspers announced its half year results with a 33 per cent increase in revenues, year on year to $9 billion. Businesses outside South Africa contributed 82 per cent of revenues, up from 80 per cent a year ago.</p>


Naspers CEO vexed at MultiChoice allegations, says board has autonomy, must deal appropriately

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<p>Naspers announced its half year results with a 33 per cent increase in revenues, year on year to $9 billion. Businesses outside South Africa contributed 82 per cent of revenues, up from 80 per cent a year ago.</p>


Naspers CEO vexed at MultiChoice allegations, says board must act quickly

<p data-reactid="45">South African e-commerce giant Naspers (<span id="“symbol_NPNJn.J_0”"><a href="http://www.reuters.com/finance/stocks/overview?symbol=NPNJn.J">NPNJn.J</a></span>) increased its investment in online food takeaway firm Delivery Hero (<span id="“symbol_DHER.DE_1”"><a href="http://www.reuters.com/finance/stocks/overview?symbol=DHER.DE">DHER.DE</a></span>) on Thursday, buying half the stake of German investor Rocket Internet (<span id="“symbol_RKET.DE_2”"><a href="http://www.reuters.com/finance/stocks/overview?symbol=RKET.DE">RKET.DE</a></span>) for 660 million euros ($775 mln).</p>
<p data-reactid="46">The deal is the latest high-stakes bet on online food delivery platforms by Naspers, which already runs similar sites in Brazil, Mexico, South Africa and in May paid $80 million to buy into India’s Swiggy.</p>
<p data-reactid="47">The investment in loss-making Delivery Hero comes as some of Naspers’ investors are losing patience with losses from more than a dozen e-commerce platforms that include Letgo and OLX &#8211; the biggest classified sites in India and Brazil.</p>
<p data-reactid="48">Naspers first took a stake in Delivery Hero in May, a month before the Berlin-based takeaway firm went public. On Thursday, Naspers lifted its stake to 23.6 percent, making it the biggest shareholder in one of Europe’s largest internet startups.</p>
<p data-reactid="50">Naspers Chief Executive Bob van Dijk said the investment underlined his confidence in Delivery Hero’s prospects, particularly in developing markets. Founded in 2008, Delivery Hero offers online food delivery in more than 40 countries around the world.</p>
<p data-reactid="51">“Many markets have experienced significant traction already, but we believe the potential is far greater in high-growth markets than that observed in the West,” he said in a statement.</p>
<p data-reactid="58">Delivery Hero, the world’s largest online takeaway food delivery company, reported a 66 percent jump in first-half revenue and sharply narrower losses on Wednesday, as it set its focus on breaking even in 2018.</p>
<p data-reactid="59">Rocket Internet shares were up 5 percent by 0801 GMT and Delivery Hero rose 0.6 percent, while Naspers’ stock price slipped 0.2 percent.</p>
<p data-reactid="60">Rocket Internet, which built up and invested in dozens of businesses from fashion and furniture e-commerce to food delivery, has been cashing in on several of its start-ups as its share price has performed poorly since it listed in 2014.</p>
<p data-reactid="61">It sold a stake in Southeast Asian online retailer Lazada to China’s Alibaba (<span id="“symbol_BABA.N_3”"><a href="http://www.reuters.com/finance/stocks/overview?symbol=BABA.N">BABA.N</a></span>) in June, while the Global Fashion Group it founded with Sweden’s Kinnevik (<span id="“symbol_KINVb.ST_4”"><a href="http://www.reuters.com/finance/stocks/overview?symbol=KINVb.ST">KINVb.ST</a></span>) sold a stake in its Middle East site in May. Rocket’s shares also got a boost last month from a 100 million euro stock repurchase.</p>
<p data-reactid="63">On Thursday, Rocket Internet reported that aggregate revenue for its leading start-ups rose 29 percent to 1.24 billion euros in the first half, while it narrowed the adjusted loss before interest, taxation, depreciation and amortization (EBITDA) to 161 million euros from 204 million a year ago.</p>
<p data-reactid="64">Rocket is still hopeful it can meet a target to make three of its start-ups profitable by the end of the year, although Chief Executive Oliver Samwer told reporters on a conference call that the goal might slip by three to six months.</p>
<p>Rocket said its meal kit delivery company HelloFresh, which has been considering an initial public offering, saw net revenue rise 49 percent to 435 million euros in the first half, while its EBITDA loss rose slightly to 47 million euros.</p>
<div class="Attribution_attribution_o4ojT" data-reactid="65">
<p class="Attribution_content_27_rw" data-reactid="66">Reporting by Emma Thomasson and Tiisetso Motsoeneng; Editing by Ludwig Burger and Susan Fenton</p>
</div>


Bob van Dijk

Naspers plans share swap plan with Prosus in effort to boost value

World Economic Forum: Bob van Dijk: Why we are excited about India, recyclables

Africa’s largest technology giant Naspers pays CEO Bob van Dijk R1.9 billion

Naspers CEO: How the company is handling the US-China trade war

Naspers CEO Bob van Dijk on planned listing of internet assets

Naspers CEO Bob van Dijk on Amsterdam listing

Naspers CEO vexed at MultiChoice allegations, says board has autonomy, must deal appropriately

Naspers CEO vexed at MultiChoice allegations, says board must act quickly

Naspers buys half of Rocket’s stake in Delivery Hero

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Bob van Dijk

Naspers plans share swap plan with Prosus in effort to boost value

World Economic Forum: Bob van Dijk: Why we are excited about India, recyclables

Africa’s largest technology giant Naspers pays CEO Bob van Dijk R1.9 billion

Naspers CEO: How the company is handling the US-China trade war

Naspers CEO Bob van Dijk on planned listing of internet assets

Naspers CEO Bob van Dijk on Amsterdam listing

Naspers CEO vexed at MultiChoice allegations, says board has autonomy, must deal appropriately

Naspers CEO vexed at MultiChoice allegations, says board must act quickly

Naspers buys half of Rocket’s stake in Delivery Hero

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