What is the origin of Naspers, the major shareholder of Tencent?

Tencent's largest shareholder is a South African newspaper company named Naspers, which bought 46.5% of Tencent's shares in the name of its subsidiary MIH for $32 million.

Naspers is a leading multinational media group, founded in 19 15 and listed on the Johannesburg Stock Exchange in September, 1994. The company owns American Depositary Shares on the London Stock Exchange.

After years of development, Naspers has developed from a traditional media company engaged in traditional printing to an electronic media company whose business involves multiple markets. Its main business includes the Internet, focusing on commerce, community, content, communication and games. Pay TV and related technologies and print media, including the publication, distribution and printing of magazines, newspapers and books.

Extended data:

Tencent is the first startup invested by Naspers. In 20 15, Naspers set up its own venture capital department. Like the idea of investing in Tencent, Naspers focuses on long-term investment in technology and new media startups. At present, it has invested in 12 companies such as Udemy, an online learning platform in the United States, and has offices in 8 countries including the United States, the Netherlands, Singapore, Hong Kong and Israel.

Tencent has established an alliance with Naspers to find emerging Internet companies. This alliance not only integrates Naspers' investment experience in overseas markets, but also integrates the financial strength behind Tencent's 638 million user accounts.

Since Google, the world's largest Internet M&A company, has been focusing on the acquisition of the US market, this may give Tencent and Naspers a leading position in the acquisition of regions with rapid global economic growth in the future.

References:

Baidu encyclopedia -NASPERS