naspers owner country

[6][7] A group of prominent Cape Afrikaners decided, in December 1914, at a meeting in Stellenbosch, to form a publishing company that would support Afrikaner nationalism,[8]:290 in the wake of the Boer Wars. He was appointed as an executive director of Naspers in 1998 and a non-executive director on the Naspers board on 15 January 2015. [12], In 2015, Media24 CEO Esmare Weideman apologised for Naspers's role in supporting apartheid. Read more. Hertzog. Prior to Coinbase, she spent more than eight years at LinkedIn Corporation as the vice president of corporate development, and led all M&A deals in the company’s history, including its biggest deal to date, Lynda, as well as Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Phuthi joined Naspers as CEO, South Africa in July 2019. He was appointed as the financial Read more. Koos Bekker (South African and Dutch) is the non-executive chair of the These include Takealot, Mr D Food, Superbalist, OLX, … Aileen joined Naspers as Chief People Officer in May 2014. He joined the group as Allegro Group chief financial officer in August 2013 and was promoted to chief executive Cobus Stofberg is a founder member of M-Net in 1986. On Tuesday, Naspers said it would combine Ibibo, a travel business in India, with competitor MakeMyTrip to boost their presence in the South Asian country. Charles is responsible for the group's listed internet assets, including Tencent Holdings Limited. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. Naspers is selling off assets in order to shore up finances to snap up opportunities in education technology. founded by him in 2005. The company sees itself as a partner, not an owner. He became CEO of Media24 on October 1, 2018. Rachel Jafta, holds the degrees MEcon and PhD, and is a professor of economics at Stellenbosch University. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. Hendrik du Toit is chief executive officer of Investec Asset Management and a director of Investec plc and Investec Limited. The Naspers voting control structure ensures the continued independence of the group. Prosus has a listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Roberto Oliveira de Lima from Brazil is a board member of Telefonica Brasil. In 1995, he moved to the Republic of Ghana, where he served as MultiChoice’s West African regional general manager. Through several subsidiaries and ownership stakes in foreign companies, Naspers offers Internet content (e-commerce websites and classified ads), pay TV, and print publishing. Prosus has a listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Naspers has long had a focus on India, investing more than $4 billion since 2014,[26] across multiple sectors, including into Byju and ibibo and, in December 2018, it invested $1 billion into online food ordering and delivery service Swiggy of India;[27] adding to its iFood investment in Brazil and Delivery Hero. Naspers commits R4.6bn of funding to back South African technology businesses, Naspers Foundry announces its first investment in rising tech start-up, SweepSouth, Naspers Foundry invests R100 million in agritech business, aerobotics, Naspers Foundry invests … Exchange and Naspers is the majority owner of Prosus. Read more. [14][15] Nasionale Pers officially changed its name to Naspers in 1998. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. He holds an MBA in In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. Naspers was founded, in 1915, as De Nasionale Pers Beperkt (National Press Ltd) as a publisher and printer of newspapers and magazines. She is a professor in economics at Stellenbosch University. He then spent two years in Amsterdam as the general manager of the video-entertainment business development globally before being appointed as financial director of MIH Holdings Proprietary Limited (MIH Holdings) in January 2009. In 2008 David was appointed Naspers and MIH Group Senior Counsel. Naspers increases stake in Delivery Hero, positioning the company as the largest shareholder. Prosus has a listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Founded in 1915 by Jannie Marais of Coetsenburg and attorney W.A. Following the Prosus listing, Naspers is still the largest South African company on the JSE, it noted in a report on its AGM.” We are one of the foremost investors in the South African technology sector, with the country’s leading etailer and its leading print and digital media business,” it said in … Nolo Letele (South African) is a non-executive director. 1985 Mnet founded, Naspers’ first Pay TV business. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Naspers foodtech services serve 4 billion people in 40 countries. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Exchange and Naspers is the majority owner of Prosus. Ben van der Ross (South African) is an independent non-executive director. Read more. Emilie Choi has served as LinkedIn’s Vice President of Corporate Development since 2009. He developed his career at companies like Accor S.A., Rhone Poulenc S.A. (now part of Sanofi S.A.) and Compagnie de Saint-Gobain S.A. in the information technology and finance areas. masters in economics from the Delhi School of Economics, India. Ishmet Davidson joined Media24 in 2012 as head of community newspapers. These include Takealot, Mr D Food, Superbalist, OLX, Autotrader, Property24 and PayU, in In this role he led the legal teams for the group’s M&A activities in Latin America, Central and Eastern Europe and Russia. She is also a director of Naspers Beleggings (RF) Limited. Prior to Naspers, Pat spent 10 years at eBay, most recently as VP and CFO of eBay International and previously as the COO of eBay Classifieds. Martin has worked in all life-cycle phases, from starting a greenfield operation to managing a mature, multi-national internet company. “We acknowledge complicity in a morally indefensible political regime and … She was appointed as chair of the Media24 board of directors in April 2013. He is a qualified South African chartered accountant and holds a BCom and DipAcc from the University Tencent's headquarters is currently the Tencent Binhai Mansion, also known as the Tencent Seafront Towers, which is located in Shenzhen's Nanshan District. Cobus Stofberg (South African and Dutch) is a non-executive director. Prior to eBay, he spent several years as strategy advisor for leading global consumer goods companies. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. Martin is responsible for Classifieds operations at Naspers, managing the OLX Group portfolio which includes dubizzle, Avito and letgo. Prosus is a global consumer internet group and one of the largest technology investors in the world. Naspers Limited (Naspers) (JSE:NPN; LSE:NPSN): the board of Prosus today announced its intention to acquire up to US$5 billion in total of Naspers and Prosus shares. Basil Sgourdos was appointed financial director of Naspers in July 2014. Naspers’s new media investments aren’t limited to China. In seven years prior to Naspers, he held a variety of senior roles in internet companies, first at eBay and then at Schibsted. Naspers acquired global fintech firm PayU, consolidating online payment companies under one brand, now owned by Prosus. board. focused on the lower middle market. [22], Subsidiaries and investments include Prosus, Media24 and Takealot. currently non-executive chair. PricewaterhouseCoopers Inc.) and an executive director of the Commercial Union group of companies (CGU Insurance Company (SA) Limited, Commercial Union Life Insurance Company Limited and Sentrasure Limited). He retired as Naspers’s financial director on 30 June 2014 and remained on the Naspers board as a “It is our home country and our primary listing is on the JSE. and fashion segments. Media24 is Africa's leading media group, with a sizeable presence in digital and traditional publishing and publications, distribution and financial data.Building on its heritage, Media24 is firmly focused on the future, establishing a rapidly evolving portfolio of digital media and e-commerce businesses. yielding US$9,8 billion. He has also written about business problem solving in his book, Thinking Backwards, which was published in five languages. Read more. Foundation). Since joining Coinbase in early 2018, she has overseen more than 10 acquisitions and 50 Read more. In 2001, Naspers made an early, successful investment of US$32 million, in Tencent. officer Global Transactions Ecommerce in October 2013. executive officer of Corridor Capital, LLC, an The principal asset is a ~33% stake in Tencent, a leading Chinese technology conglomerate, which itself is one of … In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in … South African media company Naspers (along with several other South African media businesses) forms a pay television company called M-Net. In 1999, he was appointed chief executive officer of MultiChoice South Africa Holdings Proprietary Limited (MultiChoice SA), and later served as the MultiChoice group chief development in Africa (Millennium Excellence Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. In March 2014, Souq.com raised $75 million from Naspers.[23]. Debra Meyer (South African) is an independent non-executive director. Naspers Limited operates in the technology industry. [28] Its venture investment arm, Naspers Ventures, was renamed Prosus Ventures in 2019, and partners with entrepreneurs to build technology companies. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. On 17 April Before Sigma Capital she held the position of CEO at Shanduka Group, an investment holding company which she joined in 2004 and left in 2015. She holds an MBA from the Wharton School of the University of Pennsylvania as well as a BA in economics from the Johns Hopkins University. He was also a founder of MTN Group Limited, a South Africa-based multinational mobile telecommunications company. He began his career with Naspers at M-Net in 1988 and has held various executive positions in the Naspers He has also served on the Advisory Board of the Sustainable Development Solutions Network, the Expert Board of HM Treasury’s Belt and Road Initiative, and as Commissioner of the Read more. [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. He was chair of Strategic Real Estate Management Proprietary Limited, the managers of the Emira Property Fund. 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][19] (then a start-up) in 2001. Charles is a member of the Institute of Chartered Accountants in Australia. He was appointed as chief executive officer of Naspers in April 2014. In June 2015 he was appointed General Counsel, Naspers Group. The station aired its shows between 5 pm and 7 pm daily as at the time it was launched and progressed from there. ... ecommerce companies in the country… Previously, Hendrik served as a non-executive director of the Industrial Development Corporation of South Africa. Prosus has a listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Tencent's largest shareholder is Prosus (majority owned by Naspers), which owns 30.99% shares. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Naspers celebrates its 100th year, now operating in over 130 countries and markets. We build leading companies that empower people and enrich communities See all our companies. David was appointed Group General Counsel of Naspers in June 2015. She has more than 25 years of investment until he became the financial director of Naspers. As of 2018, Naspers had approximately a 31 percent stake in Tencent, becoming its largest shareholder,[4][5] and Africa’s biggest public company. In May 2017, former Naspers subsidiary DStv admitted to price fixing and contravening the Competition Act. She serves as chief operating officer at Coinbase, Inc. (Coinbase), the world’s largest regulated cryptocurrency exchange. Read more. She serves on the boards of directors of Ashok Leyland Limited and Jio Payments Bank Limited. Bob van Dijk (Dutch) is our chief executive officer and an executive director. Its principal operations include online classified advertising, fintech, payments, and food delivery. Following assignments in Hong Kong and Amsterdam, he returned to Cape Town in 2002 as Caxton further contends that Heemstede, a fully-owned subsidiary of Naspers, owns 49% in Nasbel. These include Takealot, Mr D Food, Superbalist, OLX, … The Tencent investment helped grow Naspers into the … Steve Pacak a chartered accountant (SA), began his career with Naspers Read more. 1988. CURRENT PRICE. international studies from the Lauder Institute: University of Pennsylvania and a BA from the University of California, Berkeley. The company had then also pledged a further R220,000 in support of the NP ahead of South Africa's last race-based general elections, in September 1989. reducing its stake from 33,2% to 31,2%, In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. He is the chair of Oakleaf Insurance Company Limited and Renasa Insurance Company Limited. Read more. In 1918, the company added book publishing to its portfolio, making it one of Africa's most significant media hubs. In a letter written to F.W. She began her investment banking career at ANZ Grindlays in London. venture investments. She holds an MEcon and a PhD from the University of Stellenbosch. It agreed to pay R22 million in penalty fees as well as R8 million to the Economic Development Fund. "[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. de Klerk, on 17 August 1989, Naspers then managing director Ton Vosloo reaffirmed the company's support of the NP. He has over 15 years of general management experience in online growth businesses globally, spanning the online marketplaces, online classifieds Naspers, via Prosus, also holds a minority investment in listed, social-network platforms Tencent and Mail.Ru. group. the Naspers group’s chief investment officer, being responsible for all global investment activities. Naspers owns a large share of Prosus, which has a valuable stake in Chinese Internet behemoth Tencent It also has a large stake in Russian email provider mail.ru. He has more than 20 years of professional experience and more than a decade with leading, global internet companies. Limited as well as companies in the Naspers Before joining the group full time, he was a partner in Mallinicks Attorneys (now Webber Wentzel) and worked in London at two leading international law firms. Emilie Choi (American) is an independent non-executive director. He concluded an 11-year career at PayPal as Vice-President and General Manager for Continental Europe, where he successfully led the launch of PayPal in Africa, Israel, the Middle-East, and Russia. Naspers tabled documents at earlier tribunal proceedings that clearly showed the locus of control of Naspers lay with Nasbel, Keerom and Wheatfields and the individuals behind it are South African citizens, Caxton said. Read more. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Naspers listed on Johannesburg stock exchange. Pat Kolek joined Naspers in 2014 as CFO, ecommerce and was appointed Chief Operating Officer, Naspers in July 2016. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. He is a qualified South African chartered accountant and holds a BCom from the University of the Witwatersrand and BAccHons from the University of South Africa. Commission, which authored the report Better Business Better World in 2017. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Naspers $5bn share buyback plans signal unease with tech valuations Dutch-listed investment arm Prosus, best known for its stake in China’s Tencent, says move is ‘a good use of capital’ He is a qualified South African chartered accountant and holds a BAcc from the University of the Witwatersrand. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. MultiChoice is a South African company that operates the DStv, a major service in Sub-Saharan Africa and GOtv, a minor service operating in over 13 countries of this area and Showmax service. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. 1986. He retired on 26 February 2018 after more than 20 years with the group. banking experience, with crossborder mergers and acquisitions expertise across a broad range of industries. He holds a BScHons in electronic engineering from the University of Southampton. He is also a director of Naspers Beleggings. Phuthi holds a BA Economics from Rutgers University, USA, and an MBA from De Montfort University in Leicester, UK. Business and Sustainable Development Laurent was appointed CEO PayU in January 2016. executive officer until 2010, when he was These include Takealot, Mr D Food, Superbalist, OLX, Autotrader, Property24 … Media24 CEO Esmare Weideman has apologised for Naspers’s role in apartheid. Read more. He remained on the Naspers board as a non-executive director. (Casino) and Natura in Brazil. Naspers is listed on the Johannesburg Stock Exchange (JSE: NPN), has an ADR listing on the London Stock Exchange (LSE: NPSN) and has a sizeable investment in Prosus (AEX: PRX and JSE: PRX). Vosloo ended his letter, promising funding to the NP in Transvaal, by adding that "our newspaper Beeld in the Transvaal is your ally and we trust that this formidable combination will wipe out the competition. She holds a BSc in biological sciences, a BScHons and an MSc in biochemistry from the University of Johannesburg (then, the Rand Afrikaans University) and a PhD in Prior to joining Naspers, Charles held senior corporate finance and M&A positions at Cable & Wireless, Hong Kong Telecom and Deloitte. Naspers leads $80m investment in India-based food ordering and delivery platform, Swiggy, Naspers invests €387 million in Delivery Hero. These include Takealot, Mr D Food, Superbalist, OLX, … Pat has more than 20 years’ experience in executing business growth and development strategies for hyper growth organisations. Larry started his career at the US Federal Reserve Board and holds a Bachelor's degree in Economics and an MBA from the University of California, Berkeley. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. She is the chair of the Media24 nomination committee. He holds a BAHons and honorary doctorate in commerce from Stellenbosch University, an LLB from the University of the Witwatersrand and an MBA from Columbia University. appointed executive chair of MultiChoice SA; Bob van Dijk was appointed as chief executive officer of Naspers in April 2014. [8]:290 Naspers first published the Afrikaans language daily De Burger (later renamed Die Burger) in June 1915, which was followed by its first magazine, De Huisgenoot (later Die Huisgenoot), in 1916.[12]. On 31 March 2018, he retired after more than 20 years with the Naspers group. Naspers adds book publishing to its operations and during the next 60 years grows into one of Africa's leading media groups. Mark Sorour (Mark Sorour) is a non-executive director. Craig Enenstein is the CEO of Corridor Capital. Naspers Limited is a multinational consumer Internet company headquartered in South Africa. He He served on the council of the Institute of Directors of South Africa (IoDSA) He holds a BA and MA in business management from Fundação Getúlio Vargas in Brazil and an MA from Institut Superieur des Affaires at Jouy en He held this position David then became General Counsel of the Allegro Group and was subsequently promoted to the position of General Counsel: Global Transaction eCommerce at Naspers. Imobiliários S.A. She has completed Craig Enenstein (American) is an independent Naspers is a global internet group and one of the largest technology investors in the world Go to content. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. Naspers chairman Koos Bekker has previously bemoaned the lack of great tech entrepreneurs and start-ups in South Africa. Takealot joined the Naspers group in 2015. for a number of years, of which he is an honorary life member, and as a trustee to On 11 June 2020, he retired from the board of MultiChoice Group and other MultiChoice companies. He became the head of its news division in 2014, after which media distribution company On the Dot and Media24’s magazine division were added to his responsibilities. Deal closed on the divestment of Allegro achieving a transaction value of US$3.253bn. Roberto Oliveira de Lima (Brazilian) is an independent non-executive director. She also completed the Kennedy School of Government Executive Education programme ‘Global Leadership and Public Policy for the 21st Century’ at Harvard University in 2008. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. Hofmeyr; the company launched with the support of Jan Christiaan Smuts, Louis Botha, and National Party founding president J.B.M. We operate with integrity by applying appropriate corporate governance, risk policies and business practices. In April 2019, he left the board of directors of Telefônica Brasil S.A. after 14 years with that company, having served six of those years as president and chief executive officer and eight years as a board member as well as quality and services committee member. From Wikipedia, the free encyclopedia OnLine eXchange also known as OLX Group is a Dutch-domiciled online marketplace headquartered in Amsterdam, and owned by Prosus, the international assets division of Naspers, founded in 2006 and operating in 45 countries. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. The company announced on Friday that it will spend up to $1.37 billion on buying back its own shares, and $3.73 billion on buying Naspers shares. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. They said Naspers newspapers had formed an integral part of the power structure which implemented and maintained apartheid through, for instance, supporting the NP in elections and referendums. Read more. management career, he was a founder of an We invest in some of the world's leading internet companies. was a partner at Coopers & Lybrand (now He worked for PricewaterhouseCoopers Inc. from 1989 to 1994. Naspers $5bn share buyback plans signal unease with tech valuations Dutch-listed investment arm Prosus, best known for its stake in China’s Tencent, says move is ‘a good use of capital’ Read more. Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Prosus has a listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. Naspers is one of the foremost investors in the South African technology sector and is committed to building its existing internet and e-commerce companies in the country, as well as stimulating the local tech start-up sector through the Naspers Foundry. Larry joined Naspers in December 2013 and was appointed CEO for Ventures in June 2015. and wealth management divisions. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country.

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