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naspers

A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech – TechCrunch

Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile is the latest proof that that the pace of investment isn’t slowing down. Brazil was already...

Brazil’s macroeconomic ...

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Indian food delivery startup Swiggy raises $210M at a $1.3B valuation – TechCrunch

India’s food delivery race is hotting up after Swiggy, one of the startups vying for pole position, landed $210 million in new capital for expansion and joined the billion-dollar startup unicorn club. The investment is led by existing backer Naspers, the media conglomerate famous for an...

India’...

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Naspers is in talks to invest in Southeast Asia’s Carousell – TechCrunch

Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of discussions. Carousell offers a mobile app that combines listings with peer-to-peer selling across Southeast...

Naspers,...

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Latin America’s Movile is quietly building a mobile empire – TechCrunch

[ad_1] By 2020, Brazilian mobile giant, Movile, wants to improve the lives of more than one billion people through its apps. The company began its mission in 1998 selling gaming, news and SMS messaging services to mobile operators in Brazil. After receiving its first investment...

[ad_1] By 2020, Brazilian mo...

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After buying Flipkart, Walmart seeks allies to join its fight against Amazon in India – TechCrunch

[ad_1] The rumors are true: Walmart has bought a controlling stake in India’s Flipkart. This isn’t a straight-up acquisition, however, because, rather than going it alone, the U.S. retailer is enlisting strategic allies as it takes its fight to Amazon in a new region. Walmart has an...

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South African tech and media conglomerate Naspers made $2.2 billion from Flipkart sale – TechCrunch

[ad_1] Naspers, the South African tech and media conglomerate, continues to have an incredibly hot hand when it comes to global tech investment. Famous for owning a huge chunk of the Chinese Internet powerhouse, Tencent and a big chunk of Mail.ru, Naspers just made $2.2 billion off of the...

[ad_1] Naspers, the Sou...

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Brazil’s tech startups begin to expand globally – TechCrunch

[ad_1] Manoel Lemos is a managing partner of Redpoint eventures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor Silicon Valley is a state of mind Startups in Brazil, Latin America’s largest entrepreneurial ecosystem, are no longer solely focused on Brazil as...

[ad_1] Manoel...

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A look back at the year that the Sub-Saharan African startup scene found its stride

[ad_1] African tech in 2017 was about the normalization of market events mostly absent even a decade ago. There were acquisitions, multiple investment rounds, lots of expansion, big strategic partnerships, and some surprise failures. Africa is fast becoming home to a dynamic tech sector. Here’s a...

[ad_1] African tech in...

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Brazilian startup Creditas is revolutionizing credit in the world’s third largest lending market

[ad_1] After twelve years working for banks and consulting firms on the digital transformation of financial services, Creditas founder Sergio Furio finally found a problem he felt he could build a business around while at dinner with his Brazilian wife. Over dinner in their New York...

[ad_1] After twelve years...

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Naspers, Innova Capital back Movile with $82 million

[ad_1] To hear Naspers and the Latin American marketplace developer Movile tell it, food is the thing to make a company king in international markets. Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile...

[ad_1] To hear Naspers an...

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