0
Broadband

PayU acquires Turkish company Iyzico for USD 165 mln

Wednesday 12 June 2019 | 14:18 CET | News
Naspers subsidiary PayU has reached an agreement to buy Turkish digital payments company Iyzico for USD 165 million. The acquisition must still be approved by regulators and is expected to close in the next few months, it said.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Naspers
Countries: Turkey
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

PayU buys majority stake in Singapore's Red Dot Payment

Published 05 Jul 2019 10:33 CET | Asia
Naspers' payments and fintech business PayU has acquired the majority stake in Red Dot Payment, a Southeast Asian online payment ...

Last week in media: hardware from Google, cryptocurrency from Facebook and trouble for broadcasters

Published 17 Jun 2019 07:02 CET | World
The media sector made a further recovery from previous losses. The Telecompaper Stock Index Global Consumer Media ended week 25 ...

Naspers expects FY HEPS to rise by 124%

Published 13 Jun 2019 11:38 CET | Africa
Naspers said it expects headline earnings per share (HEPS) from continuing operations to rise by between 121 percent and 124 ...

Naspers plans NewCo listing for mid-July

Published 29 May 2019 08:44 CET | World
Naspers has released a circular to shareholders to convene an Extraordinary General Meeting (EGM) on 28 June regarding its ...

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

Published 25 Mar 2019 09:53 CET | World
Naspers has announced its intention to list NewCo, a new global consumer internet group, on Euronext Amsterdam. NewCo will also ...





Calendar   /   Industry Events

19 Aug Baidu Q2 2019
19 Aug iQiyi Q2 2019
19 Aug Netia Q2 2019
19 Aug Sina Q2 2019
19 Aug Weibo Q2 2019
20 Aug Xiaomi Q2 2019
20 Aug MTS Q2 2019
20 Aug Africa Peering and Interconnection Forum
21 Aug Ice Group Q2 results
21 Aug Spark FY results
21 Aug Zayo fiscal Q4
21 Aug Analog Devices fiscal Q3
21 Aug Vodafone Iceland Q2 2019
21 Aug FTTH India Congress 2019
22 Aug Sunrise Q2 2019
22 Aug Vocus FY results
22 Aug Sky NZ FY results
22 Aug VMware fiscal Q2
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
::: More Calendar Items