Naspers

Naspers Limited is a South African international holding corporation for the internet, technology, and multimedia with its headquarters in Cape Town.

With a passion for newspapers, journals, and books, lawyer WA Hofmeyr founded Naspers in 1915, becoming the country's biggest publishing house for much of the 20th century. The business started to broaden its offerings in the 1980s, when it introduced a subscription television service and made its first investments outside of South Africa.

Naspers has two main business units including Prosus & Naspers South Africa.

In 2001, Naspers invested early in the Chinese technology firm Tencent and shifted its attention more and more to the global consumer internet market. With a 31 percent stake in Tencent, the global internet investment business unit, Prosus was launched by Naspers on Euronext Amsterdam in 2019. Naspers currently owns 56.92% of Prosus shares. Through Prosus, the company operates and invests in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities.

In South Africa, Naspers is dedicated to growing its online and e-commerce businesses and is one of the top investors in the technology sector. The company wholly owned the largest online retailer in South Africa, Takealot, Mr. D. Food, Superbalist, Autotrader, Property24, PayU, and Media24, South Africa's leading print and digital media business.

After more than a century of establishment and growth, Naspers has evolved into a worldwide consumer internet firm and one of the top technology investors in the world. In South Africa, Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ), a secondary listing on the A2X Exchange (NPN.AJ), and a tier 1 American Depository Receipts (ADR) program that trades on an access basis in the United States.

Industry: E-commerce, fintech, food delivery
Founded: 12 May 1915
Headquarters: Cape Town, South Africa

Website: https://www.naspers.com/