All the companies Naspers owns

Naspers has grown into a global internet giant and, in combination with Prosus, owns 58 companies worldwide.

First established in 1915 as “Die Nasional Pers”, Naspers was originally founded as a news media company. It had the support of prominent South African politicians, including Jan Smuts, Louis Botha, and J.B.M. Hertzog.

Its first two publications were De Burger in 1915, which remains in publication as Die Burger in the Cape provinces and De Huisgenoot in 1916, which is still in publication as Huisgenoot.

It would go on to found multiple news publications across different provinces, including the Eastern Cape’s Die Oosterlig in 1937 and Die Transvaler in the same year.

Naspers introduced Die Beeld in 1965 as competition to Perskor’s Dagbreek publication, and by 1970 the two were merged into Rapport.

It also invested in multiple print ad publishing companies after entering the book publishing market in 1918, acquiring Human & Rousseau, JL van Schaik, and Drum Publications, publishers of City Press and Drum magazine.

Until 1986 Naspers’ investments were primarily in the South African news and publishing space.

Digital shift

Naspers founded M-Net in 1986, partnering with Johnnic Communications (now Tiso Blackstar / Times Media), Argus Holdings (now the Independent Media / Sekunjalo) and Perskor (now partly Caxton) in doing so.

M-Net proved a success and steadily expanded operations in the 1990s with sister companies MultiChoice and Mweb.

In 1998 the company founded News24 and, and, in the same year, its name was officially changed to Naspers Limited. In 2001, the company paid $32 million — around R260 million at the time — for a 46.5% share in Tencent.

Its Tencent investment is considered one of the most successful venture capital investments of all time. Tencent’s market capitalization is currently $687 billion (R9.76 trillion).

Naspers took full ownership of M-Net, Multichoice and Mweb in 2003, and in 2007 the company acquired a 30% share in the Group, Russia’s largest internet company, for $165 million, which would now be worth around $1.46 billion, or R21 billion.

After a series of investments in numerous developing countries, Naspers merged with in 2015, and by 2018 it had acquired a 96% share in the company.

Over time, Naspers grew to such an extent that it had an overbearing effect on the Johannesburg Stock Exchange.

To diversify its investment portfolio and unlock more value for shareholders, Naspers founded Prosus in 2019 and listed the company on the Euronext Amsterdam stock exchange.

Prosus became the biggest internet company in Europe the moment it debuted.

However, the shares of both companies still trade at a discount compared to its Tencent holding — a problem shareholders still want Naspers and Prosus to address.

The global investment portfolio of Naspers has grown substantially in the past decade. Its holdings are listed in the image and table below.

Naspers and Prosus Shareholdings
Company Country Industry
Tencent China Internet/Gaming
Takealot South Africa Online Retail
eMag Romania Online Retail
Media24 South Africa News/Media
Autotrader South Africa Auto Classifieds Romania Auto Classifieds
Avito Russia Classifieds Russia Real Estate
Imovirtual Portugal Real Estate
OfferUp/Letgo USA Classifieds
OLX Netherlands Classifieds
OLX Autos Netherlands Auto Classifieds
OLX Brasil Brasil Classifieds
Otodom Poland Real Estate
Otomoto Poland Auto Classifieds
Properati Argentina Real Estate
Property 24 South Africa Real Estate
Standvirtual Portugal Auto Classifieds
Creditas Brazil Instant Loans
LazyPay India Pay Later Platform
Luno UK Cryptocurrency
Paysense India Instant Loans
PayU India Payment Provider
Red Dot Payment Singapore Payment Provider
Remitly USA Remittance Payments
Delivery Hero Germany Food Delivery
Flink Germany  Food Delivery
iFood Brazil  Food Delivery
Oda Norway  Food Delivery
Wolt Finland  Food Delivery Group Russia Social Media
99 Minutos Mexico Courier Service
Bibit Indonesia Investment Platform
Bux Netherlands Investment Platform
Bykea Pakistan Personal Transport
DappRadar Lithuania App Store
DeHaat India Agriculture Sales Platform
Dott Netherlands Electric Scooter Rentals
ElasticRun India Business to Business Courier
Honor USA Personal Home Care
Klar Mexico Financial Management Platform
Meesho India Social Commerce Platform
Movile Brazil Food Delivery and Logistics
PharmEasy India Online Pharmacy and Healthcare
Quickride India Personal Transport
Republic USA Investment Platform
Shipper Indonesia Logistics
SimilarWeb USA Digital Tracking and Insights
Urban Company India Digital Marketplace
Brainly Poland Peer-to-peer education
Byju’s India Online learning
Brainly Poland Peer-to-peer Education
Byju’s India Online learning
Codecademy USA Coding Education
Eruditus Singapore Executive Education
Skillsoft USA Management Education
Sololearn USA Online learning
Stack Overflow USA Question and Answer Coding Forum
Udemy USA Online Class Platform

Now read: Best-performing South African tech shares in 2021

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All the companies Naspers owns