What is Naspers shareholding in Tencent?
The move is aimed at closing a gap between the market value of Prosus/Naspers and that of the 28.9% stake in Tencent they own, which is currently worth about $136 billion. Prosus itself is currently worth less than that stake at some 109.8 billion euros ($116.2 billion).
Does Naspers own Tencent directly?
In 2019, Naspers listed its global internet investment business unit Prosus (including a 31% stake in Tencent) on Euronext Amsterdam….Naspers.
| Naspers’ headquarters in Foreshore, Cape Town | |
|---|---|
| Area served | Global |
| Key people | Koos Bekker (Chair) Bob van Dijk (CEO) Phuti Mahanyele-Dabengwa (CEO, South Africa) |
Who is the largest shareholder of Tencent?
Prosus
Amsterdam-based Prosus is Tencent’s biggest shareholder with a 28.8% stake worth about $128 billion. Tencent’s headquarters in Shenzhen, Guangdong province, China. It’s not the first time Prosus has sold Tencent shares in recent years.
How much is the Naspers stake in Tencent?
about 29%
Naspers holds its about 29% stake in Tencent, worth more than R2-trillion, through Amsterdam-based Prosus, saying on Monday it is seeing opportunity to narrow the discount at which its shares trade, which recently reached “unacceptable levels”.
Did Naspers sell Tencent?
In the past, Naspers has managed to sell its Tencent shares more or less at market tops, both in March 2018 and April 2021. Just a year ago, it pledged not to sell any more Tencent shares for three years.
How much of Tencent is owned by Prosus?
about 28%
Analysts see it as a move for Prosus, which owned about 28% of Tencent, to repair the discount the conglomerate trades at versus its net asset value by using the sale of some of its Tencent shares to fund a buyback.
What companies do Naspers own?
The Company operates platforms in Internet, video entertainment and media sectors. Naspers has invested in, acquired or built include Avito, Brainly, Codecademy, Delivery Hero, eMAG, ibibo, iFood, letgo, Media24, Movile, MultiChoice, OLX, PayU, SimilarWeb, Swiggy, Twiggle and Udemy.
Who owns Tencent shares?
Tencent
| Tencent Seafront Towers in Shenzhen | |
|---|---|
| Total assets | CN¥1.612 trillion (US$249.98 billion) (2021) |
| Total equity | CN¥876.693 billion (US$135.92 billion) (2021) |
| Owner | Naspers (30.86%; since 2019 through Prosus) Ma Huateng (8.42%) Tony Zhang (3.5%) |
| Number of employees | 112,771 (2021) |
Who is the owner of Tencent?
Ma Huateng (also known as Pony Ma) chairs Chinese internet giant Tencent Holdings, which ranks among the nation’s largest businesses by market cap.
Who owns Tencent stocks?
Naspers
Tencent
| Tencent Seafront Towers in Shenzhen | |
|---|---|
| Total assets | CN¥1.612 trillion (US$249.98 billion) (2021) |
| Total equity | CN¥876.693 billion (US$135.92 billion) (2021) |
| Owner | Naspers (30.86%; since 2019 through Prosus) Ma Huateng (8.42%) Tony Zhang (3.5%) |
| Number of employees | 112,771 (2021) |
How much of Tencent does Prosus own?
How can I own a Tencent?
You can buy the stock directly or invest in funds that have exposure to the stock. There are 3 methods. OTC-traded shares of Tencent can be purchased from the domestic market, the original Hong Kong-listed shares can be bought through a broker or you can opt for electronic funds transfers (ETFs).
What companies do Prosus own?
E-commerce – including its subsidiary, OLX (100%) Fintech – including its subsidiary, PayU (98.8%) Food delivery – including its subsidiary and associates, iFood (54.8%), Delivery Hero (22.3%) and Swiggy (38.8%) Retail – including its subsidiary, eMag (80.1%)
Is discord owned by Tencent?
Conversation. Tencent owns, has stakes in, or partners with Ubisoft, Activision-Blizzard, Epic Games, Riot Games, Paradox, PUBG, League of Legends, Clash Royale, Discord, Fortnite, Path of Exile, Rocket League, and many – many more. It is literally the largest game company in the world.
How much of Tencent does Ma Huateng own?
Ma Huateng’s wealth comes from the 9.7 percent stake in Tencent Holdings. He reportedly owns property in Hong Kong and art pieces worth US$150 million. He owns a redeveloped palatial residence of 1,820 m2 (19,600 sq ft) in Hong Kong.
How much of Sea LIMITED is owned by Tencent?
Ahead of the announcement, Sea said Tencent had also agreed to cut its voting stake in the company to less than 10%.
Is Prosus a Chinese company?
Prosus N.V., or Prosus, is a Dutch multinational conglomerate company that is the international Internet assets division of South African multinational Naspers.
How much did Naspers pay for Tencent?
Prosus parent Naspers paid $32 million back in 2001 for a 46.5% stake in Tencent. Its remaining stake is now worth $221 billion. It’s a return that is rivaled only by SoftBank’s ( SFTBF) $20 million punt on Alibaba ( BABA) in 2000.
Who is Naspers’principal shareholder?
Naspers’ principal shareholder is its Dutch listed subsidiary Prosus, which owns approximately 49% of its parent as part of a cross ownership structure. Founded in 1915 by attorney W. A. Hofmeyr, Naspers was the largest publishing company in South Africa throughout the 20th century with interests across newspapers, magazines and books.
Is Naspers’most successful investment Tencent or Naspers?
While Tencent is by far the company’s most successful investment, Naspers has found success with other bets. In May, it netted $1.6 billion from the sale of its 11% stake in India’s e-commerce platform Flipkart.
What percentage of Prosus does Naspers own?
Naspers owns 73.2% of global investment group Prosus, which will fall to a 57.2% stake as part of a share swap deal announced in May 2021. Prosus is the largest consumer internet company in Europe, and among the largest technology investors in the world, operating across a variety of platforms and geographies.