Naspers

Naspers

Africa's biggest company seeking to narrow difference between value of the business and its 33% stake in Chinese internet giant Tencent.

The discount is at an unusually high level, and there is no reason for the discount to be at this level. Naspers is working hard to grow other businesses to reduce the gap. Naspers sees particular growth opportunity in its food business where returns are stellar. Naspers Bought a $775 Million Stake in German Online Food Group. Naspers shareholding in Tencent is worth about $166 billion; Naspers itself is worth about $124 billion.