Naspers Ltd

Naspers Ltd. operates as an Internet and media group. It operates through the following segments: ECommerce, Social and Internet Platforms, Media, and Corporate. The ECommerce segment refers to internet platforms to provide various services and products. The Social and Internet Platforms segment holds listed investments in social and internet platforms through Tencent, and Mail.ru. The Media segment consists of the Media24 in Africa, which publishes newspapers, magazines and books. The Corporate segment comprises entities providing various corporate functions and activities. The company was founded on May 12, 1915, and is headquartered in Cape Town, South Africa.

Naspers Limited ("Naspers") (JSE: NPN): Shareholders are referred to the public statements made by Naspers and Prosus N.V. (Prosus, and together with their subsidiaries and affiliates, the Group) on 24 March 2022 and 20 May 2022, and in the Naspers results announcement for the year ended 31 March 2022 published on 27 June 2022, in relation to the Group's intention to exit its investment in its Russian classifieds businesses and operations (the Avito Group), and wherein shareholders were informed that the Group had begun searching for an appropriate purchaser (the Statements on Avito).

Naspers Limited: Disposal of Avito Group

The magic of the large repurchase program is often misunderstood. By doing the exact math, you can not only see its benefits, but also understand when it will end.

Naspers' Outperformance Is As Sure As Printing Money

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Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearly 40%, and Naspers is paring its Tencent position.

SoftBank, Naspers, and Warren Buffett's Berkshire Hathaway are cutting their iconic bets on Chinese tech stocks

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NPSNY, WASH, and TRST made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 28, 2022.

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Naspers stock has been buoyed in recent weeks by the announcement of a buyback program funded by the sell-down of its Tencent stake. With Naspers also trading at a discount to its economic ownership of Prosus and the balance sheet well-capitalized, more capital allocation optionality could be on the cards.

Naspers: A Positive Step Toward Unlocking The NAV Discount

Naspers Limited (OTCPK:NPSNY) Q4 2022 Results Conference Call June 27, 2022 10:00 AM ET Company Participants Eoin Ryan - Head, IR Bob van Dijk - CEO Basil Sgourdos - CFO Larry Illg - CEO, Online Food Delivery & Ventures Laurent Le Moal - CEO Payments & Fintech Ervin Tu - Group Chief of Investments, Strategy and M&A Martin Tschopp - CEO, Prosus Ventures Conference Call Participants Will Packer - BNP Paribas Lisa Yang - Goldman Sachs Cesar Tiron - Bank of America Miriam Josiah - Morgan Stanley Jonathan Kennedy-Good - JPMorgan Andrew Ross - Barclays Silvia Cuneo - Deutsche Bank Christopher Johnen - HSBC Warwick Bam - Avior Capital Markets Richard Eary - UBS Operator Good day, ladies and gentlemen, and welcome to the Prosus Financial Results Presentation. All participants will be in listen-only mode and there will be an opportunity to ask questions later during the conference.

Naspers Limited (NPSNY) CEO Bob van Dijk on Q4 2022 Results - Earnings Call Transcript

Prosus NV

Dutch technology investor Prosus NV on Monday announced it will gradually sell down its massive stake in Tencent, reversing a pledge to retain the holding for a couple of years and knocking shares in the Chinese tech giant.

Tencent stock falls as Prosus/Naspers to sell shares to fund buybacks

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (JSE: NPN) (LSE:NPSN) announced strong revenue growth with profitability in core operations for the year ending 31 March 2022. Building on the prior year's standout performance, the Group's ecommerce portfolio delivered revenue growth of 49%1 to US$10.7bn. This growth resulted from strong operational execution and momentum in all ecommerce segments despite the turbulent environment. While the segments demonstrated core profitability, ove

Naspers delivers strong revenue growth with profitable core operations; announces open-ended share repurchase programme

JD.com

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited ("Naspers") (JSE: NPN; LSE: NPSN) shareholders are advised that on 23 December 2021, the board of directors of Tencent Holdings Limited (Tencent), declared a special interim dividend in the form of a distribution in specie of Class A ordinary shares (the JD.com shares) of JD.com, Inc. (JD.com), a company whose American depositary shares are listed on NASDAQ Global Select Market (stock symbol: JD, ISIN Code: US47215P1066) and whose shares

Naspers: Disposal of JD.com Shares Received From Tencent Holdings Limited

South African technology investor Naspers Ltd said on Monday its first half profit climbed 11%, driven by a large contribution from Chinese internet giant Tencent in which it indirectly holds a 29% stake.

South African tech investor Naspers logs 11% rise in first-half profit

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (JSE: NPN) delivered a strong performance in the six months ending 30 September 2021, growing ecommerce revenues 52%. The group stepped up investment to further accelerate growth across its increasingly valuable internet businesses. Ecommerce revenue growth accelerated, up 52% to US$4.6bn US$5.2bn invested since 1 April 2021 to further accelerate growth Ecommerce portfolio1 valuation rises to c.US$50bn2 Trading profit grew 9% to US$2.9bn

Strong Growth Continues at Naspers, on Top of Increased Scale

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Steven Romick (Trades, Portfolio), manager of the FPA Crescent Fund, disclosed this week that his fund's top trades during the third quarter included the exchanging of its Alibaba Group Holding Ltd. ( BABA , Financial) and Baidu Inc. ( BIDU , Financial) holdings to Hong Kong-based shares ( HKSE:09988 , Financial)( HKSE:09888 , Financial), a short position in the SPDR S&P 500 ETF Trust ( SPY , Financial), a position boost in Prosus NV ( XAMS:PRX , Financial) and reductions to its holdings in Naspers Ltd.

Steven Romick Sends Alibaba, Baidu Positions to Hong Kong in 3rd Quarter

Naspers is a spawner with an impressive track record. Management has an owner's mentality and is aligned with the interests of shareholders. The stock trades at a large discount to the company's NAV, providing a margin of safety for value investors.

Naspers: Playing The Long-Term Game

Imagine investing in the fastest-growing tech companies globally in food delivery, fintech and education technology, all sectors that grew rapidly as a result of the pandemic. Imagine investing in the largest stock in South Africa, the largest consumer internet company in Europe and the largest Chinese company by market cap, all of which also happen to be grossly undervalued.

Why This Is a Great Time to Invest in Naspers, Prosus

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South African insurtech platform Naked has raised $11 million in a Naspers-led round. Existing investors, Yellowwoods and Hollard, also participated in the funding round.

Naspers leads $11M investment in South African insurtech Naked

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AMSTERDAM--(BUSINESS WIRE)--Shareholders are referred to the prospectus (Prospectus) published by Prosus on 12 July 2021 in respect of the voluntary share exchange offer by Prosus to Naspers N Shareholders (Exchange Offer). Since the publication of the Prospectus Prosus has received certain frequently asked questions regarding the Exchange Offer and has therefore made certain materials available today at www.share-exchange-offer.com, where these frequently asked questions have been addressed. A

Prosus FAQ's Regarding the Voluntary Share Exchange Offer to the Holders of Naspers N Ordinary Shares

Technology investor Prosus will pay up to $144 million in transaction fees when it buys a block of parent company Naspers' shares, according to a document submitted to stock exchanges on July 12, prompting criticism from investors.

Prosus faces investor criticism over $144 million fee for Naspers share swap

Naspers has been a perennial disappointment, badly lagging returns of its largest holding Tencent. Extended period of underperformance has led to a disaffected investor base, but just like negative performance has led to the invention of negative narratives, rerating will vindicate the Company.

Naspers' Share Exchange Heralds Extended Gains

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited ("Naspers") (JSE: NPN; LSE: NPSN): Further to the announcement released by Prosus N.V. ("Prosus") today, 12 July 2021, shareholders are advised that: Prosus has published its prospectus (the Prospectus) in relation to the exchange offer made by Prosus to the holders (Naspers N Shareholders) of the N ordinary shares in the issued share capital of Naspers (Naspers N Ordinary Shares), in terms of which, through a pro rata voluntary tender o

Naspers Limited Announces Prosus Voluntary Share Exchange Offer Update: Prosus Prospectus Published and Opening of the Exchange Offer

Management for this international tech conglomerate believes it should.

Could This Stock Really Double This Summer?

South African media and e-commerce group Naspers Ltd reported a 24% rise in profit for the year that ended March 31, boosted primarily by the performance of its investment in China's Tencent Holdings, the company said on Monday.

South Africa's Naspers reports 24% rise in full-year profit

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (JSE: NPN) full year results confirm revenues and trading profit at record levels, as well as strong progress on strategy. Group now serves more than 2 billion users globally Group revenues1 of US$29.6bn (up 32%); trading profit of US$5.6bn (up 45%); core headline earnings of US$3.5bn (up 15%) Ecommerce2 portfolio value almost doubles in a year and hits US$39bn3 valuation Classifieds segment, core payments business, and eMAG profitable F

News for Naspers Ltd Stock (NPSNY)