Naspers

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Naspers Limited
Public
Traded asJSE: NPN
LSENPSN
IndustryE-commerce, fintech, food delivery
GenreInternet
Founded12 May 1915; 106 years ago (1915-05-12)
Headquarters,
South Africa
Area served
Global
Key people
Koos Bekker (Chair)
Bob van Dijk (CEO)
Phuti Mahanyele-Dabengwa (CEO, South Africa)
RevenueIncrease US$22.1 billion (FY 2020)[1][2]
Increase US$3.7 billion (FY 2020)[3]
Total assetsIncrease US$36.3 billion (FY 2020)[2]
Total equityIncrease US$29.93 billion (FY 2020)[2]
SubsidiariesProsus
Media24
Takealot.com
OLX
PayU
Tencent (31.2%)[4]
Websitenaspers.com

Naspers Limited is a South African Internet company with the main office in Cape Town. The most important activities are online classified advertising, fintech, payments, and food delivery.

It owns different businesses, for instance, Prosus, Media24, Takealot, OLX, etc.

History[change | change source]

Naspers was founded, in 1915 as a publisher and printer of newspapers and magazines by Jannie Marais of Coetsenburg and attorney W.A. Hofmeyr. The name was De Nasionale Pers Beperkt (National Press Ltd).[5][6]

In 1918, the company started publishing books.

In 1985, the company developed the first pay-TV system and became a media-oriented company.[7]

Since 1994, the company has been on the Johannesburg Stock Exchange in South Africa, and was a part of the Top 10 index for the past several years.

Activity[change | change source]

In 2019, Prosus became the largest Internet company in Europe and Naspers listed its international Internet assets (PayU, ibibo, Multiply, Buscapé, Movile, AutoTraderZA, Property24, SimilarWeb, Avito, OLX, eMAG :, Takealot.com) on the exchange Euronext Amsterdam.[8]

At the end of 2020, Naspers' revenue was about $ 22 billion.[9]

Brands[change | change source]

Naspers' main brands include:

  • Consumer internet companies: Prosus (PayU, ibibo, Multiply, Buscapé, Movile, AutoTraderZA, Property24, SimilarWeb, Avito.ru, OLX, eMAG:, Takealot.com, etc.)
  • Online and print media: Media24 (News24, Die Burger, City Press, You, etc.)

The company is also an investor in some international platforms (through Prosus):

  • Tencent: 31%[10]
  • Mail.Ru: 28%[11]
  • Delivery Hero: 21%

References[change | change source]

  1. "Naspers Delivers Solid Results for the Twelve Months Ended 31 March 2020". Yahoo!. 29 June 2020. Archived from the original on 13 June 2021. Retrieved 21 September 2020.
  2. 2.0 2.1 2.2 "Naspers Financial Statements 2020". Naspers. Retrieved 21 September 2020.
  3. "Naspers delivers solid results for the twelve months ended 31 March 2020". Naspers. Retrieved 16 October 2020.
  4. Wexler, Steven Russolillo and Alexandra. "The Savviest Tech Investor You've Never Heard of Is Selling Down Tencent". Dow Jones & Company. Archived from the original on 26 October 2018. Retrieved 31 October 2018.
  5. "Our History | Group Profile | Naspers". web.archive.org. 2016-03-20. Retrieved 2021-04-01.
  6. Src='http://1.gravatar.com/Avatar/?s=50, <img Alt=; #038;d=retro; Srcset='http://1.gravatar.com/Avatar/?s=100, #038;r=g'; #038;d=retro; Loading='lazy'/>, #038;r=g 2x' Class='avatar Avatar-50 Photo Avatar-Default' Height='50' Width='50' (2011-11-15). "Apartheid Inc, the story of Naspers, Media24 and Channel Life". Medialternatives. Retrieved 2021-04-01.CS1 maint: multiple names: authors list (link)
  7. "Apartheid Inc. – Profile of a racist corporation, June 9, 2010 | History Matters blog". historymatters.co.za. Retrieved 2021-04-01.
  8. "Prosus classifieds group OLX shuts down Frontier Car Group's Berlin office, OLX Autos to focus on LatAm and Asia". TechCrunch. Retrieved 2021-04-01.
  9. "Naspers Delivers Solid Results for the Twelve Months Ended 31 March 2020". www.yahoo.com. Archived from the original on 2021-06-13. Retrieved 2021-04-01.
  10. "TENCENT HOLDINGS LIMITED : 700 Stock Price | KYG875721634 | MarketScreener". m.marketscreener.com. Retrieved 2021-04-01.
  11. "Shares – Mail.ru Group". corp.mail.ru. Retrieved 2021-04-01.