Naspers Foundry Makes First Investment With $2m For Gig Economy Startup SweepSouth [Forbes]
NASPERS LTD S/ADR (NPSNY)
NASDAQ:AMEX Investor Relations:
naspers.com/news/publication-of-prospectus-and-expected-admission-o
Company Research
Source: Forbes
Naspers Foundry Makes First Investment With $2m For Gig Economy Startup SweepSouth SweepSouth is South Africa's "Uber of cleaning services". Internet giant Naspers's Foundry investment fund for South African startups has announced its first big bet with a $2 million (R30 million) investment in gig economy startup SweepSouth. The Cape Town-based firm is an online cleaning service for domestic cleaners in South Africa's major urban centres. It was started in 2013 by couple Aisha Pandor and Alen Ribic, who invested their savings for their children's university studies in the startup after they struggled to find a cleaner. Often referred to as the "Uber of cleaning," SweepSouth has reached $7 million (R100 million) in revenues in the past year. “We went from the two of us working around our dining-room table – both of us sitting all day and working on this business plan – to going from a few domestic workers we were interviewing ourselves,” Pandor has said, and "even went from cleaning ho
Show less
Read more
Impact Snapshot
Event Time:
NPSNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NPSNY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NPSNY alerts
High impacting NASPERS LTD S/ADR news events
Weekly update
A roundup of the hottest topics
NPSNY
News
- Naspers (NPSNY) is on the Move, Here's Why the Trend Could be Sustainable [Yahoo! Finance]Yahoo! Finance
- Naspers-Backed Startup Gets Debt Funding to Cut Euro Obligations [BNN Bloomberg (Canada)]BNN Bloomberg
- Google's ‘Dominance' Succeeded Where Apartheid Couldn't – Forcing South Africa's Fourth Estate Onto ‘Its Knees' [Forbes]Forbes
- Institutions along with individual investors who hold considerable shares inNaspers Limited (JSE:NPN) come under pressure; lose 9.4% of holdings value [Yahoo! Finance]Yahoo! Finance
- Naspers: Prosus Not Fully Recognised, Venture Assets Negatively Valued [Seeking Alpha]Seeking Alpha