In recent years, Naspers has continued to build substantial holdings in consumer internet companies around the world, with a particular focus on India. In 2019,[29] Naspers listed its international internet assets on Euronext Amsterdam, as Prosus,[30] becoming Europe’s largest consumer internet company. Vosloo reminded de Klerk of its donation of R150,000 (approximately R1-million today), made to the NP before the 1987 elections. [12] Documents collected by non-profit Open Secrets revealed how Naspers funded the National Party (NP) during apartheid, and that the NP also held 74,000 shares in Naspers in 1984. "[13], In 1997, the Truth and Reconciliation Commission requested that Naspers make a submission about the years between 1960 and 1994 (thus, broadly, between the Sharpeville tragedy, in March 1960, and the first democratic elections of April 1994), specifically, the media's role during this period. However, everything changed when Qidian—a Chinese webnovel site backed by Tencent, a Chinese conglomerate with a net worth of 583 billion dollars —came into the picture. It went on to say that Tencent will be purchasing the remaining shares and delisting Funcom on the Oslo … And it owns the majority of Supercell, the Finnish mobile gaming powerhouse behind "Clash of Clans," "Clash Royale," and "Brawl Stars.". [23] Over two rounds in May and September 2017, Naspers invested 1.05 billion euros ($1.2 billion) in Germany's Delivery Hero AG, and was involved in 14 deals worth $1.94 billion in 2017, according to data compiled by Bloomberg.[24]. By clicking 'enter', you agree to GameSpot's The order, issued by the US Commerce Department, states that beginning on Sunday, WeChat will not only be unavailable to download and unable to process payments, but it will also be rendered unusable for US users — the order prohibits any internet hosting service from "enabling the functioning or optimization of the mobile application in the US." A media-historiographical revisit: The TRC, Naspers and Afrikaans journalism", "NASPERS JOURNALISTS APOLOGISE FOR APARTHEID ROLE", "Naspers apologises for its role in apartheid", "7 things to know about the new CEO of Naspers SA", https://www.scmp.com/news/china-insider/article/1432550/south-african-publishing-group-struck-gold-taking-chance-tencent, "Koos Bekker to Naspers' shareholders: You're richer because of Tencent - BizNews.com", "South Africa's Naspers cashes in $10bn Tencent stake", "Tencent's 60,000% Runup Leads to One of the Biggest VC Payoffs Ever", "Tiger-Backed Souq.com Said Worth $1 Billion in Fundraising", "DStv agrees to pay R22m penalty for price-fixing", "Naspers lines up billions for tech investments", "Foodtech Unicorn Swiggy Bags $1 Bn In Funding Round Led By Naspers", "A European Tech Giant Is Born, Spun Off From a South African Firm", https://m.marketscreener.com/TENCENT-HOLDINGS-LIMITED-3045861/company/, https://corp.mail.ru/en/investors/shares/, https://en.wikipedia.org/w/index.php?title=Naspers&oldid=984547321, Companies listed on the Johannesburg Stock Exchange, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 20 October 2020, at 17:42. In fact, Tencent is the biggest video game company in the world. Chinese internet giant Tencent continues its push into the world of video games. Founded in 1915 by Jannie Marais of Coetsenburg and attorney W.A. “Following the completion of the voluntary offer, Tencent became the owner of 77,365,864 shares in the company, representing approximately 95.11% of the shares and votes in the company,” Funcom posted to its shareholders. "We needed to find a partner that gives us the creative freedom to reach these new heights, while at the same time support our long-term commitment to the GTFO community. Naspers purchased 46.5 percent of Chinese internet company Tencent, owner of WeChat, and an array of fintech apps and mobile games, from early investors, including PCCW and IDG Capital[18] (then a start-up), in 2001. The app also collects a substantial amount of information from its users, including their face and voice, leading some to worry that it could become an instrument for the Chinese government. In 2001, Naspers made an early, successful investment of US$32 million, in Tencent. Tencent still owns a 5% stake in Activision, which is worth about $2.5 billion after the stock's 400% rally over the past five years. Mr Bauernfreund owns Tencent indirectly in order to benefit from the huge discount we mentioned in the introduction. It sold a part of its stake in March 2018, raising some $10 billion. As of 2018, Naspers had approximately a 31 percent stake in Tencent, becoming its largest shareholder,[4][5] and Africa’s biggest public company.

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