NPSNY - Naspers Limited

Other OTC - Other OTC Delayed Price. Currency in USD
44.86
-0.29 (-0.64%)
At close: 3:59PM EDT
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Previous Close45.15
Open45.28
Bid0.00 x 0
Ask0.00 x 0
Day's Range44.62 - 45.35
52 Week Range32.31 - 52.08
Volume293,814
Avg. Volume322,270
Market Cap101.969B
Beta (3Y Monthly)1.25
PE Ratio (TTM)14.21
EPS (TTM)3.16
Earnings DateN/A
Forward Dividend & Yield0.09 (0.18%)
Ex-Dividend Date2018-09-13
1y Target EstN/A
Trade prices are not sourced from all markets
  • Moody's

    Tencent Holdings Limited -- Moody's: Tencent's steady 1H 2019 results do not affect its ratings or outlook

    Moody's Investors Service says that Tencent Holdings Limited's (A1 stable) first half (1H) 2019 results were broadly in line with Moody's expectations and do not affect the company's A1 issuer or senior unsecured ratings, or the stable outlook on the ratings. "We expect that Tencent will continue to benefit from revenue diversification and generate positive free cash flow to support its investment needs over the next 12-18 months, while maintaining prudent financial discipline and a credit profile commensurate with its A1 ratings, " says Lina Choi, a Moody's Senior Vice President.

  • Reuters

    Indian e-commerce platform Meesho raises $125 million in Naspers-led funding

    Indian digital platform Meesho has raised $125 million in its latest funding round, led by South African internet group Naspers, the e-commerce start-up said on Monday. Cape Town-based Naspers is in the midst of deploying a close to $10 billion war chest to scale up its e-commerce ventures and make new investments in online classifieds, payments and food delivery platforms. U.S. tech giant Facebook also took part in the funding round, together with existing Meesho investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway.

  • Reuters

    Indian e-commerce platform Meesho raises $125 mln in Naspers-led funding

    Indian digital platform Meesho has raised $125 million in its latest funding round, led by South African internet group Naspers, the e-commerce start-up said on Monday. Cape Town-based Naspers is in the midst of deploying a close to $10 billion war chest to scale up its e-commerce ventures and make new investments in online classifieds, payments and food delivery platforms. U.S. tech giant Facebook also took part in the funding round, together with existing Meesho investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway.

  • Moody's

    Tencent Holdings Limited -- Moody's: Tencent's rating unaffected by potential investment in Universal Music Group

    Moody's Investors Service says that Tencent Holdings Limited's (A1 stable) potential investment of a 10% stake in Universal Music Group (UMG) at a preliminary valuation of E3 billion will not immediately impact Tencent's A1 issuer and senior unsecured ratings, or the stable ratings outlook. "Although the investment -- if completed -- is sizable, we do not expect it will affect Tencent's strong credit profile, in view of the company's strong operating cash flow and track record of prudent financial management," says Lina Choi, a Moody's Senior Vice President.

  • Reuters

    Nasper's delayed internet assets float to go ahead in September

    South African e-commerce giant Naspers said on Friday the delayed multi-billion euro listing of its international internet assets, including its over 30% stake in China's Tencent, will go ahead on Sept. 11. Naspers was forced to delay the listing of its newly created Prosus subsidiary - which houses the assets worth more than 100 billion euros ($112.36 billion) - on Amsterdam's Euronext exchange in June following an administrative error by a third party involved in the planned flotation. "It's a significant step for Naspers and will present a new opportunity for global internet investors," Chief Executive Bob van Dijk said in a statement, adding he was pleased the listing was on track following the delay.

  • Motley Fool

    3 Tech Listener Questions, Answered

    You wanted to know about Naspers, tariffs, and the SaaS bubble -- we’ve got answers.

  • PayU, Naspers' global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment
    TechCrunch

    PayU, Naspers' global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment

    PayU, the Naspers-owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after it announced a deal to buy a majority stake in Singapore-based Red Dot Payment. Naspers is best known for its payments and fintech business in markets like India, Latin America, Africa and Eastern Europe, but now it will enter Southeast Asia, a market with more than 600 million consumers and rapidly rising internet access. PayU plans to tap that potential through Red Dot, an eight-year-old startup founded by finance veterans that offers services that include a payment gateway, e-commerce storefronts and online invoicing across Southeast Asia.

  • Naspers-backed Dott to launch e-bikes after new fundraising
    Reuters

    Naspers-backed Dott to launch e-bikes after new fundraising

    European startup Dott has secured 30 million euros ($34 million) in a fundraising led by existing investors EQT and South Africa's Naspers to launch an electric bike hiring business and roll out new generations of its electric scooters. Europe's Dott, Tier and VOI, like U.S. rivals Bird and Lime, have put thousands of electric scooters on the region's roads, betting large commuter populations and lower car ownership than in the United States will make such transport a European staple. Dott, whose e-scooters operate in Brussels, Paris, Lyon and Milan, said on Thursday it would soon close a Series A funding round, which had also seen existing investors Axel Springer and Felix Capital make commitments.

  • Reuters

    Naspers picks Mahanyele-Dabengwa as CEO for South Africa

    Naspers on Wednesday appointed Phuthi Mahanyele-Dabengwa to the newly-created role of chief executive of South Africa for the media and e-commerce group. Founded more than 100 years ago in Stellenbosch, South Africa, Naspers has turned itself from a newspaper publisher into a $104 billion giant with e-commerce and internet investments, including a stake in China's Tencent. Naspers said Mahanyele-Dabengwa will report directly to CEO Bob van Dijk and will be based in Johannesburg where she will be responsible for the group's day-to-day business in South Africa and its recently-formed Naspers Foundry and Naspers Labs.

  • Reuters

    UPDATE 1-Naspers picks Mahanyele-Dabengwa as CEO for South Africa

    Naspers on Wednesday appointed Phuthi Mahanyele-Dabengwa to the newly-created role of chief executive of South Africa for the media and e-commerce group. Founded more than 100 years ago in Stellenbosch, South Africa, Naspers has turned itself from a newspaper publisher into a $104 billion giant with e-commerce and internet investments, including a stake in China's Tencent. Naspers said Mahanyele-Dabengwa will report directly to CEO Bob van Dijk and will be based in Johannesburg where she will be responsible for the group's day-to-day business in South Africa and its recently-formed Naspers Foundry and Naspers Labs.

  • Naspers Delays Its Tencent Spin-Off: What Investors Need to Know
    Motley Fool

    Naspers Delays Its Tencent Spin-Off: What Investors Need to Know

    An administrative error regarding mailing labels will delay the $100 billion spin-off.

  • Does "Freedom Weighting" Make a Better EM ETF?
    Zacks

    Does "Freedom Weighting" Make a Better EM ETF?

    We discuss factor investing and a new freedom weighted emerging markets ETF.

  • Reuters

    Naspers delays multi-billion euros internet float after admin error

    South Africa's Naspers has been forced to delay the multi-billion euro flotation of its international internet assets, including its lucrative stake in China's Tencent, after an admin error by a third party involved in the float. The company said a shareholders' meeting in Cape Town on June 28 to approve the flotation on Euronext Amsterdam, with a secondary listing on the Johannesburg Stock Exchange (JSE), had been cancelled and reconvened for Aug. 23. Naspers said the third-party error meant some postal copies of the resolution for the meeting had been wrongly addressed.

  • Naspers Sets the Date for Its Tencent Stake Spinoff: What Investors Need to Know
    Motley Fool

    Naspers Sets the Date for Its Tencent Stake Spinoff: What Investors Need to Know

    The South African company's shares have been trading at a major discount for technical reasons. Hiving off its global internet assets into a new company should help ease the pressure.

  • Bloomberg

    Naspers Makes Its Biggest Takeover in Digital Payments

    The deal will expand the Dutch unit’s exposure to Turkey’s e-commerce market, which is growing at more than 10% a year, the company said in a statement on Tuesday. The acquisition must still be approved by regulators and is expected to close in the next few months, it said. Its focus on payments, one of fastest growing areas in finance, puts the company in position to take a share of an industry that Boston Consulting Group forecasts will produce $1 trillion in new revenue through 2027.

  • Europe's New Tech Giant Is 100 Times More Outrageous Than Facebook
    Bloomberg

    Europe's New Tech Giant Is 100 Times More Outrageous Than Facebook

    When Naspers Ltd. lists its technology investing unit in Amsterdam next month, the new company will have a market capitalization that’s likely to top $100 billion, a valuation derived entirely from its 31 percent stake in Tencent Holdings Ltd. The parent trades at a discount to the value of its holding in the Chinese web giant. It’s a holdover of Naspers’s current set-up, where the two classes of stock give the chairman and his cohort extra voting rights.