About Naspers Limited

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Naspers Limited is a South African multinational consumer Internet company headquartered in Cape Town. Its principal operations include online classified advertising, fintech, payments, and food delivery.

Founded in 1915 by Jannie Marais of Coetsenburg and attorney W.A. Hofmeyr; the company launched with the support of Jan Christiaan Smuts, Louis Botha, and National Party founding president J.B.M. Hertzog.

Naspers owns or has a controlling interest in, various businesses, including Proses, Media24, and Takealot. In 2001, Naspers made an early, successful investment of US$32 million, in Tencent. As of 2018, Naspers had approximately a 31 per cent stake in Tencent, becoming its largest shareholder, and Africa’s biggest public company. In recent years, Naspers has continued to build substantial holdings in consumer internet companies around the world, with a particular focus on India.

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Naspers Limited Information

Industry E-commerce, fintech, food delivery
Genre Internet
Founded 12 May 1915; 105 years ago
Headquarters
Cape Town, South Africa
Area served
Global
Key people
Koos Bekker (Chair)
Bob van Dijk (CEO)
Phuti Mahanyele-Dabengwa (CEO, South Africa)
Revenue US$22.1 billion (FY 2020)
Operating income
US$3.7 billion (FY 2020)
Total assets US$36.3 billion (FY 2020)
Total equity US$29.93 billion (FY 2020)
Subsidiaries Proses
Media24
Takealot.com
OLX
PayU
Tencent (31.2%)
Website naspers.com

Source – Wikipedia.

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