Naspers is a South African company that made one of the best technology bets in history. A small newspaper publisher put early money into a Chinese internet start-up called Tencent, and that single decision now defines the entire company. Full nameNaspers Limited Tickers / exchangeNPN / Johannesburg Stock Exchange (JSE) Headquarters40 Heerengracht, Cape Town, South Africa SectorConsumer internet (classifieds, food delivery, fintech, edtech) Employees45,780 Market valueZAC 530.2 billion (US$530.2 billion) Yearly salesZAC 10.85 billion (US$10.85 billion) Net profitZAC 5.09 billion (US$5.09 billion) Net margin45.8% Return on equity22.1% Price-to-earnings7.1 Dividend yield0% …
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