Top 50 largest internet companies in the world 2022 (P.24) Naspers: South African multinational internet company


( Naspers is largest shareholder of Tencent, the largest company in the video game industry.

Naspers Limited is a South African multinational internet, technology and multimedia holding company headquartered in Cape Town, with interests in online retail, publishing and venture capital investment. Naspers' principal shareholder is its Dutch listed investment subsidiary Prosus, which owns approximately 49% of its parent as part of a cross ownership structure.

Founded in 1915 by attorney W. A. Hofmeyr, Naspers was the largest publishing company in South Africa throughout the 20th century with interests across newspapers, magazines and books. In the 1980s the company began to diversify, launching a subscription television service and investing in markets outside of South Africa for the first time.

Naspers currently owns a 56.92% stake in Prosus and wholly owns Media24 (Africa's largest publishing company), (South Africa's largest online retailer) and Naspers Foundry, a South African focused venture capital fund.

The Company’s segments include Classifieds, Food Delivery, Payments and Fintech, and Edtech. The Company invests in Skillsoft, GoodHabitz, Udemy, Codecademy, Eruditus, Platzi, eduMe, SoloLearn, Brainly, GoStudent and BYJU’S. The Company also includes Takealot. com, Mr D Food, Superbalist, OLX, AutoTrader, Property24 and PayU. The Company has its presence in areas, such as Southeast Asia, Latin America, Europe and the United States, with market investments in Egypt and Bangladesh. The Company operates in approximately 27 provinces in Indonesia.

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