Browsing: Tencent

Naspers story is all about Tencent

Naspers, being heavily exposed to Chinese Internet giant Tencent, has been benefiting from an aggressive rally in Chinese equities since the third quarter of 2014, according to an analyst. Rob Price of ETM Analytics said on Tuesday that the Shanghai composite

Naspers smashes through R2 000/share

Riding high on the growing fortunes of Tencent, in which it holds a 34% stake, Naspers smashed through the R2 000/share barrier in morning trading on the JSE on Monday. It’s the first time the technology and media giant has reached the R2 000/share milestone

SA’s best performing technology shares

If you’d invested R40 000 in the shares of Durban-based technology company Adapt IT five years ago, you’d be a millionaire today. Adapt IT’s shares have risen by a spectacular 2 400% in the past five years, making it the best performing technology counter on the JSE

Tencent lifts the Naspers boat

Tencent continues to underpin the Naspers growth story, with the Chinese company contributing a stronger-than-expected R6,2bn to the JSE-listed group’s core headline earnings in the six months to end-September 2014. Indeed, the Internet segment remains the fastest growing part of the Naspers stable and

Naspers numbers in a nutshell

Naspers has reported a 65% improvement in revenue from its Internet business on the back of robust performances from Tencent, and its e-commerce businesses. The more mature pay-television business, housed in MultiChoice, also delivered impressive numbers, with revenue rising by 20%. Trading profit, however

Gareth Cliff’s plan to reinvent SA radio

As I step into a rather ordinary looking building in the drab Johannesburg suburb of Rivonia, I get the sense there is a buzz in the air, even though there’s no one about as I walk past an unmanned reception desk. Stuck on the desk is a handwritten note instructing interns to head upstairs. That’s where Gareth Cliff, until recently the host

Why Naspers is not a good investment

Naspers was the darling of the JSE in 2013, contributing a full 4,2% of the total market performance of 18% last year. But we believe that, although it may be a great business, Naspers does not represent a good investment. Investors seem to be pricing the share for perfection, and then some. Eager to gain access to the Chinese market, via

Naspers spikes 9% on Tencent results

Shares in South African-headquartered media, communications and e-commerce giant Naspers leapt higher on Wednesday on the back of strong results from China’s Tencent, in which it holds an approximate one-third stake. Naspers was trading up by more than 8,5%

Alistair Fairweather
China’s Alibaba slinks onto US shores

As Internet access spread across the globe, a handful of giant American corporations ended up dominating industries. Google in search, Amazon in online shopping and Facebook in social networking. The one market that has proved consistently immune to these titans is China. Now, one of China’s homegrown Internet giants

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