A $32 million 2001 investment in China’s Tencent propelled Naspers to become a leading global investor.

Source: https://techcrunch.com/2023/09/17/prosus-naspers-ceo-bob-van-dijk-abruptly-steps-down/

Capitec has produced the best return for shareholders over the last 20 years, followed by Naspers, Clicks, Shoprite, and Mr Price.

Source: https://mybroadband.co.za/news/business/487041-best-south-african-shares-over-20-years.html

However, the stock is undesirable at its current valuation, especially given Naspers' exposure to uncertainties such as inconsistent covid-19 policies in China and a failing South African economy.

Source: https://seekingalpha.com/article/4571696-naspers-looming-concerns?source=feed_all_articles

It revealed that Van Dijk seemed to have waited for the share buyback scheme to dispose of his Naspers share.

Source: https://mybroadband.co.za/news/investing/479919-naspers-boss-bob-van-dijks-r1-72-billion-share-selling-spree.html

Naspers has been trying to duplicate its Tencent success through investments in numerous food delivery, fintech, classified, and other eCommerce businesses.

Source: https://mybroadband.co.za/news/investing/479027-how-much-money-you-would-have-if-you-invested-r100-in-tencent-and-naspers.html

Obviously, Naspers wants to order another round.

Source: https://mg.co.za/business/2023-12-02-eat-pray-invest-naspers-sees-gold-in-indias-trove-of-data/

This risky decision in 1999 to be paid in Naspers shares made him one of the richest people in South Africa.

Source: https://mybroadband.co.za/news/investing/493549-how-m-net-and-multichoice-cofounder-koos-bekker-made-his-billions.html

Van Dijk has been CEO of Naspers since 2014, following the sudden death of Antonie Roux, who was expected to fill the position.

Source: https://www.citizen.co.za/business/naspers-prosus-ceo-bob-van-dijk-ervin-tu-latest-news/