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.

AerCap Hlds

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PayPal

Horos is an asset management firm that knows the benefits of value investing over the long term. We invest in companies that we consider, after analyzing them, to have a value higher than the price they ask for within the stock market. In our search for companies with potential and with the aim of minimizing errors, we rule out companies that are highly indebted, poorly managed, and that present a high regulatory.

Horos Asset Management Quarterly Letter To Our Co-Investors - October 2023

Prosus NV

Tencent Holdings Limited

The immediate and mutually agreed departure of Naspers and Prosus CEO Bob van Dijk underscores a complicated few years.

Tencent investors Naspers and Prosus announce abrupt departure of CEO Bob van Dijk

Prosus, the global consumer internet group owned by South African tech giant Naspers, has announced that Bob van Dijk is stepping down as CEO of both companies with immediate effect. The Euronext Amsterdam-listed company, which has secondary listings in Johannesburg, gave no reason for the surprise resignation.

Tencent investors Prosus and Naspers announce surprise resignation of CEO Bon van Dijk

South Africa's most valuable listed company appoints former SoftBank executive as its interim chief.

CEO of Naspers and Prosus Steps Down

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (JSE: NPN) and Prosus (AEX and JSE Share Code: PRX) announced today that Bob van Dijk is stepping down as CEO and Board member of Naspers and Prosus after 10 successful years of leadership. Ervin Tu, presently Group Chief Investment Officer, was appointed Interim CEO. Bob will assist with this transition and will remain as a consultant to the Boards until 30 September 2024. Over his tenure, Bob has contributed meaningfully to the success.

Naspers and Prosus Announce Executive Leadership and Board Change

Bob van Dijk, the chief executive of Naspers and Prosus, has stepped down from his position effective immediately in a surprising move at the firms that own and are major backers of several large software businesses and startups globally.

Prosus, Naspers CEO Bob van Dijk abruptly steps down

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers  (JSE:NPN) shareholders (Shareholders) are advised that notice is hereby given, in terms of the notice of annual general meeting posted to Shareholders today, on Wednesday, 26 July 2023 (Notice of Annual General Meeting), that the virtual annual general meeting of Naspers (the Annual General Meeting) will be held at 14:00 SAST on Thursday, 24 August 2023, entirely by electronic communication as permitted by the Companies Act 71 of 2008, and by N.

Naspers Limited: Notice of Annual General Meeting

AMSTERDAM--(BUSINESS WIRE)--Prosus N.V. (Prosus) (AEX and JSE: PRX): Prosus shareholders (Prosus Shareholders) are referred to the joint announcement published by Prosus and Naspers Limited (Naspers) on 27 June 2023 (the Transaction Announcement) regarding Naspers's and Prosus's intention to implement a proposed transaction in terms of which the cross-holding structure between Naspers and Prosus will be removed (the Proposed Transaction). Capitalised terms not defined in this announcement shall.

Removal of the Cross-holding Structure Update: Publication of the Notice of Annual General Meeting and Naspers Circular

CAPE TOWN, South Africa--(BUSINESS WIRE)--1. PROSUS CIRCULAR AND ANNUAL GENERAL MEETING Naspers Limited ("Naspers") (JSE: NPN): Naspers shareholders (Shareholders) are referred to the joint announcement published by Naspers and Prosus N.V. (Prosus) on 27 June 2023 (the Transaction Announcement) regarding Naspers's and Prosus's intention to implement a proposed transaction in terms of which the cross-holding structure between Naspers and Prosus will be removed (the Proposed Transaction). Capital.

Naspers Limited: Removal of the Cross-Holding Structure Update: Publication of Prosus Circular and Notice of Annual General Meeting

Fiverr

A digital payments giant is refocusing its business model, which could drive growth and profitability. Despite widespread skepticism and the rise of AI, a leading freelance services platform remains a solid bet.

These 3 Sleeper Tech Stocks Are Poised for a Revival in the Back Half of 2023

Naspers and Prosus announced a proposal to remove the much-hated cross-holding structure. While the transaction is quite complex, its outcome is actually a real simplification. However, one of the two companies will benefit more than the other from the proposal.

The Naspers-Prosus Simplification: Who Will Benefit

Naspers Limited (OTCPK:NPSNY) Q4 2023 Earnings Conference Call June 27, 2023 10:00 AM ET Company Participants Eoin Ryan - IR Bob van Dijk - CEO Basil Sgourdos - CFO Larry Illg - CEO, Prosus, Food Delivery & Edtech Ervin Tu - Group Chief Investment Officer Conference Call Participants Joseph Barnet-Lamb - Credit Suisse Cesar Tiron - Bank of America Christopher Johnen - HSBC William Packer - Exane BNP Paribas Andrew Ross - Barclays Lisa Yang - Goldman Sachs Catherine O'Neill - Citi Warwick Bam - RMB Morgan Stanley Silvia Cuneo - Deutsche Bank Operator Good day, ladies and gentlemen, and welcome to the Prosus Naspers FY ‘23 Results Call. All participants will be in listen-only mode and there will be an opportunity to ask questions later during the conference.

Naspers Limited (NPSNY) Q4 2023 Earnings Call Transcript

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited ("Naspers") (JSE: NPN): Shareholders are advised that the company's integrated annual report and annual financial statements for the year ended 31 March 2023 will be available on the company's website www.naspers.com, Tuesday 27 June 2023. The notice, together with the proxy form, of the virtual annual general meeting will be distributed to shareholders at a later date and in accordance with the South African Companies Act 71 of 2008, as.

Naspers Limited: Distribution of Integrated Annual Report 2023, Dividend and Publication of B-BBEE Annual Compliance Certificate

AMSTERDAM--(BUSINESS WIRE)--Prosus N.V. (Prosus) (AEX and JSE: PRX): 1. INTRODUCTION The board of directors of Naspers (the Naspers Board) and the board of directors of Prosus (the Prosus Board) are pleased to announce that Naspers and Prosus (together with their consolidated subsidiaries, the Group) intend to implement a proposed transaction in terms of which the cross-holding structure between Naspers and Prosus (the Cross-Holding Structure) will be removed (the Proposed Transaction). The imp.

Naspers and Prosus Announce the Intention to Remove the Cross-Holding Structure

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited ("Naspers") (JSE: NPN): In the second half of the year the group made significant progress in delivery of its strategic priorities, positioning it well for long-term value creation. The ongoing open-ended repurchase programme is creating significant value for shareholders and actions taken in H2 to streamline operations have improved profitablity. The Group has increased confidence in achieving its H1 2025 profit ambition, while continui.

Naspers Delivers Against Strategic Objectives and Is On-Track to Achieve Profitability Target

CIRCOR

Cool Co Ltd

Alphabet

Horos is an asset management firm that knows the benefits of value investing over the long term. We invest in companies that we consider, after analyzing them, to have a value higher than the price they ask for within the stock market.

Horos Asset Management Quarterly Letter To Our Co-Investors - May 2023

Naspers, Africa's most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (≈$100 million) South Africa-focused venture capital fund Naspers Foundry, according to local news outlet BusinessDay.

Naspers shuts down Foundry, its $100M fund focused on South African startups

Prosus NV and its South African parent Naspers are cutting up to 30% of jobs at their corporate offices, the Dutch technology investor said.

Prosus, Naspers cutting 30% of jobs at corporate offices

Glencore PLC

Steven Romick (Trades, Portfolio) disclosed his portfolio for the fourth quarter of 2022 earlier this month.

Steven Romick Swaps Prosus for Naspers, Trims Top Holding Glencore

KraneShares CSI China Internet ETF

Vanguard FTSE Emerging Markets ETF

Naspers/Prosus' half-year update had lots to like.

The Best Way to Invest in Emerging Markets Just Got Even Better

Naspers Limited (JSE: NPN) (LSE:NPSN) has announced a solid set of results for the first half of the year.

Naspers Delivers Strong Ecommerce Revenue Growth and Operating Performance

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited ("Naspers") (JSE: NPN): Shareholders are referred to article published on 31 October 2022 by Asian Tech Press.

Naspers Limited: Press Related to Tencent

Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as "untrue" a report that they are in talks to sell their large stake in Chinese software and gaming giant Tencent.

Prosus and Naspers deny report they are in talks to sell Tencent stake

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.

News for Naspers Ltd Stock (NPSNY)