Naspers Limited

Description

Naspers Limited (LON: NPSN)

Naspers Limited is a multinational company headquartered in Cape Town, South Africa, which provides internet services to its consumers. It is one of the largest investors in the world's leading internet companies. The company is currently on the Johannesburg Stock Exchange (JSE: NPN), has an ADR listing on the London Stock Exchange (LSE: NPSN) and has a sizeable investment in Prosus (AEX: PRX and JSE: PRX).

In the last 100 years, the company has grown by acquiring and building leading companies with sustainable competitive advantages. The company apart from investing in leading companies, also has a presence in online classified advertising, fintech, payments, and food delivery.

The company creates its own businesses or invests in early-stage companies, after that they present promising growth models. The company has two broad areas: media and internet interests, and online classifieds, food delivery, payments and fintech, etail, travel, education, and social and internet platforms sectors. The company gets its revenue from the management of social platforms and digital content, and from print activities in the newspapers, magazines, and books. Geographically, the company gets its revenue from South Africa, Africa, Europe, Latin America and Asia.

Some the companies that are under NPSN’s portfolio are Prosus, Media24, Delivery Hero, eMAG, ibibo, iFood, and Takealot. Prosus, a strategic investor, is a global consumer internet group, which focuses on long-term value creation by building tech companies.