Naspers is a global Internet and entertainment group and one of the largest technology investors in the world.
It was founded in 1915 as the “Afrikaner Nasionale Pers”, with a focus on publishing and printing newspapers and magazines.
In 1985, the company launched M-Net, South Africa’s first pay-TV service, which started it on a path to becoming a global media and Internet powerhouse.
In 1997, Naspers founded MWEB, which is now one of the best-known Internet service providers in South Africa.
The company’s most successful investment happened in 2001, when it invested in Tencent Holdings.
The Tencent investment helped grow Naspers into one of the most valuable companies in South Africa, with a market capitalisation of around R1 trillion.
While the company was founded as a publishing house, its principal operations are now in Internet companies – including a wide range of e-commerce properties.
Naspers also established a ventures team in the United States in 2016 to explore new growth and investment opportunities, with a focus on mobile services.
Below are several of the prominent companies which Naspers owns or has a significant stake in.
Media24 – Publisher of newspapers and magazines in South Africa.
24.com – Digital publisher in Africa.
Careers24 – A job classifieds platform in South Africa.
Spree – An online fashion retailer in South Africa.
Takealot – A leading online retailer in South Africa.
MultiChoice – South Africa’s leading video entertainment and Internet company.
DStv – Pay-TV platform in Africa.
SuperSport – South African channel group owned by MultiChoice and carried on DStv.
GOtv – An African television platform.
ShowMax – Streaming media service competing against Netflix.
MWEB – South African Internet service provider.
OLX – Online classifieds platform.
PayU – Online and mobile payment system.
Tencent – Chinese investment holding company whose subsidiaries provide media, entertainment, Internet, mobile phone, and online advertising services.
Mail.ru – Russian Internet company which started an e-mail service and went on to become a major corporate figure in the Russian-speaking segment of the Internet.
Overview of companies
The graphic below provides a comprehensive overview of the companies which Naspers owns or has a significant stake in.