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Naspers to spin off internet brands, list NewCo on Euronext Amsterdam

2019-03-25 09:53:00| Telecompaper Headlines

(Telecompaper) Naspers has announced its intention to list NewCo, a new global consumer internet group, on Euronext Amsterdam. NewCo will also have a secondary, inward listing on the Johannesburg Stock Exchange (JSE) in South Africa. The new group will bring together all of Naspers' internet interests outside of South Africa, including its companies and investments in the online classifieds, food delivery, payments, retail, travel, education, and social and internet platforms sectors, among others. Brands include Tencent, mail.ru, OLX, Avito, letgo, PayU, iFood, Swiggy, DeliveryHero, Udemy, eMAG and MakeMyTrip.

Tags: list internet brands amsterdam

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