Naspers

Naspers - for 2016, the largest company in Africa. It works in the markets of 130 countries in the field of media and Internet services. The main operations fall on the e-commerce market (ad services, online trading, payment systems on the Internet).

History

2022: Sale of stake in Avito

On October 14, 2022, Avito and Kismet Capital Group announced the conclusion of an agreement. The Russian investment holding intends to buy out 100% of Avito's stake from the South African holding Naspers.

2015

Africa's largest company by capitalization ($66 billion)

Investment in the Chinese Tencent led to a 500% increase in Naspers shares from 2010 to 2015 and made it the largest company in Africa by capitalization (May 2015) with an estimate of almost $66 billion.

Site closure Molotok.ru

On August 20, 2015, the company, being the owner of a controlling stake in the molotok.ru project, announced its closure.

2010: Purchase of 28.7% in DST fund for $388 million and share in Mail.ru

On July 14, 2010, Naspers Limited and the Russian investment fund Digital Sky Technologies (DST) announced that the fund Myriad International Holdings B.V., a subsidiary of Naspers, would buy 28.7% of DST.

According to a Naspers press release, under the terms of this transaction, the holding will invest $388 million in cash in DST, and will also give a 39.3% stake in Mail.ru. Top Mail.ru managers and other minority shareholders of the company also convert their shares into DST shares. Since at that time DST already owns a controlling stake in Mail.ru, after the transaction with Naspers, the Russian fund began to own more than 99.9% of the company.

We have known the DST foundation and its management for many years now and share their approach to the cause. Strengthening the partnership will further expand our influence in emerging markets and the rapidly growing Internet sector, "said Anthony Roux, Managing Director of Naspers Internet Division

2008: Mail.ru package increase to 42.6%

Naspers bought a 10% stake in Mail.ru from the investment fund Tiger Global Management, which left the shareholders of the Russian Internet company.

2007: Purchase 32.6% in Mail.ru

Naspers first acquired a stake in Mail.ru in January 2007. As part of the transaction, Port.ru bought 30% of the company for $165 million. Later, in November 2007, Naspers increased its stake, buying another 2.6% of the Mail.ru for $26 million.

2006

Purchase plans for the newspapers Trud and Argumenty i Fakty

In September 2006, Naspers' plans to buy a blocking stake in Russia for the company that controls the newspapers Trud and Argumenty i Fakty were announced.

Capitalization $5.66 billion

Naspers capitalized on the Johannesburg Stock Exchange as of September 2006 at $5.66 billion.

1994: Johannesburg Stock Exchange Stock Offering

Since 1994, the company has been listed on the Johannesburg Stock Exchange. International investors own about 50% of the company.

1998: Renamed Naspers

In 1998, Nasionale Pers officially changed its name to Naspers.

1985: M-Net Pay TV Network Launch

In 1985, De Nasionale Pers launched the M-Net pay-TV network, which significantly strengthened its weight.

1918: Book Printing Launch

In 1918, the company launched a book printing business, making it one of the media leaders in Africa.

1915: Foundation of De Nasionale Pers

In December 1914, a group of Afrikaners decided to create a media that would allow the dissemination of nationalist materials.

In 1915, De Nasionale Pers (later Naspers) was founded. Among the founders was J.B.M. Hertzog, who also founded the National Party in 1914.

The first edition was the Afrikaans daily Die Burger, launched in June 1915. Later in 1916, Die Huisgenoot magazine was launched.