![\"Mail.Ru](\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2015\/06\/mail-ru-ebitda.png\")
<\/a>Mail.Ru ebitda<\/p><\/div>\n
<\/a>Tencent profits<\/p><\/div>\n
Naspers\u2019 local assets include MultiChoice, SuperSport, DStv, OLX, and Media24, while globally, its assets include Russian website Mail.Ru, and India based e-commerce company Flipkart.<\/p>\n
“The classifieds and e-tail businesses saw strong growth.,” Naspers said. “We continue
\nto invest in these formats as they are gaining market share globally.”<\/p>\n
The group said its internet businesses continue to show strong growth. Segment revenues increased 37% to R78 billion, from R57 billion.<\/p>\n
Trading profits grew 96% to R13 billion, mainly attributable to the operating performance of Tencent and some of the profitable ecommerce businesses.<\/p>\n
The e-commerce segment saw revenue up 36% to R27.8 billion.<\/p>\n
Naspers’ video entertainment sector was sold. From a local perspective, the group said that competition from international online players with global reach, such as Netflix, Amazon and Google, is increasing.<\/p>\n
As a result, MultiChoice is investing in its online offering, expanding its delivery platforms and improving products and services.<\/p>\n
Some R10.7 billion was invested in development spend in growing the business. This is a 33% increase on the prior year.<\/p>\n
Impairment losses of R684 million were recognised mainly relating to broadcasting equipment and intangible assets.<\/p>\n
The group also\u00a0revealed that Dimension Data paid R368 million for MWEB Business, Optinet Services and Networks divisions.<\/p>\n
On 22 September 2014,\u00a0Internet Solutions, a division of Dimension Data, announced<\/a><\/strong> that it has signed a transaction agreement to purchase the three assets from MWEB Connect.<\/p>\n After the deal with Dimension Data, MWEB became a consumer-focused Internet service provider (ISP).<\/p>\n Naspers sees big jump in full-year earnings<\/a><\/strong><\/p>\nMore on Naspers<\/h3>\n