Author Topic: Naspers and Tencent  (Read 6036 times)

Reenen

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Naspers and Tencent
« on: January 27, 2016, 02:52:11 pm »
If Naspers is 186600 ZAC, how much of that is their interest in Tencent?  (as %)




jaDEB

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Re: Naspers and Tencent
« Reply #1 on: January 27, 2016, 03:12:25 pm »
Tencent is 140 Dollars per share, NPN owns 29%. I did a calc awhile ago, taking Tencents share in circulation and Naspers Shares total value.

If I use current Tencent price at R17 to dollar I get higher than current NPN price. But I am not a broker and do not trust my calcs, I am last in the Investor challenge (yesterday jaDEB, u going to flock this horse to death), I am keeping my NPN, and so far as I have read most articles say when u buy NPN u pay for Tencent, DStv and others u get for free.

Also remember that NPN does own other companies, i.e. Mail.Ru
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Reenen

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Re: Naspers and Tencent
« Reply #2 on: January 27, 2016, 04:50:11 pm »
when u buy NPN u pay for Tencent, DStv and others u get for free. Also remember that NPN does own other companies, i.e. Mail.Ru

Yeah I heard this too, though I thought it was just a saying.

I was asking with a hidden agenda though.  8)

I am a big League of Legends player, and I was wondering how much of a Naspers share is effectively a Riot Games (creator of League of Legends) share.  It turns out about 12% (with my really flawed and simplified maths, filled with assumptions)  -- going with 100% weight on Tencent for Naspers based on the "saying".


jaDEB

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Re: Naspers and Tencent
« Reply #3 on: January 27, 2016, 05:51:37 pm »
LOL,  ;D

Currently : -

Online : Guildswar 2, GTA V, Starwars and Battlefield Hardline

Offline : Fallout 4, Witcher 3, Dragon Age new one.
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jaDEB

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Re: Naspers and Tencent
« Reply #4 on: January 29, 2016, 08:02:03 am »
http://www.biznews.com/africa/2016/01/29/naspers-and-tencent-attack-facebook-in-africa-added-pain-for-mtn-vodacom/

One of China’s largest internet companies is intensifying its efforts to crack the African market with a bid to disrupt Facebook’s WhatsApp with a rival messaging service.

Tencent has teamed with Africa’s largest media company, Naspers, to introduce its social media app across the continent. The service, WeChat, has more than 650m active monthly users in China, and it is cheaper than SMS.

A counter promoting WeChat, a product of Tencent, on reading books for the blind, is displayed at a news conference announcing the company's results in Hong Kong. REUTERS/Bobby Yip
A counter promoting WeChat, a product of Tencent, on reading books for the blind, is displayed at a news conference announcing the company’s results in Hong Kong. REUTERS/Bobby Yip

The Chinese-South African joint venture is betting on the rapid growth of smartphone sales to young people, who are increasingly using their mobile phones to shop, bank, search for jobs, listen to radio and order taxis and takeaways.

Naspers holds a 46.5 per cent stake in Tencent, making it one of the highest profile examples of South African and Chinese companies joining forces to expand across the continent. Its initial investment of $34m for the shareholding has paid off spectacularly, helping Naspers become South Africa’s biggest company by value and its chairman Koos Bekker to become a billionaire.

Brett Loubser, the head of WeChat Africa, said the average African would have their first ever experience of the internet through their mobile device.

“They’ve missed the entire desktop, PC, laptop, whatever thing, and because of that, I think we’re seeing innovation come out of Africa from a mobile perspective that is just leagues ahead of anywhere else on earth really,” said Mr Loubser.

WeChat offers users services far beyond the simple messaging functions available in WhatsApp.

In an apparent bid to tie in other services to its system, WeChat has also launched a $3.5m venture capital fund to invest in new tech companies offering services that the app could offer. It has already invested in Money for Jam (M4JAM), a micro jobbing (casual work) service.

It is also introducing a “digital wallet” service in partnership with Standard Bank, Africa’s largest lender by assets, which is part-owned by China’s ICBC bank. This enables users to conduct financial transactions and make payments using mobile phones, even to recipients with no bank account.

Mr Loubser declined to say how many users it had in Africa, but he acknowledged that competition was intensifying. World Wide Worx, a Johannesburg-based technology research company, estimates that WeChat, launched in the African market in 2014, has about 6m registered users in South Africa, compared with about 14m active WhatsApp users.

“Given that WhatsApp is eight years old, we’re five years late to the party, and I think where we are at right now we are happy with,” Mr Loubser said.

He added: “WhatsApp has possibly the highest market penetration of any country on earth in South Africa. Fighting that as a newcomer is really tough, but in other African territories, smartphone penetration is pretty much non-existent: that’s an open market.”

WeChat’s short-term focus is on building its presence and offerings in South Africa, the continent’s most industrialised nation, where it has a team of 31 staff and scores of services available on its platform.

But it is also active in Ghana and Nigeria, the continent’s most populous nation, where it has a team of three and is working with Nigerian start-ups such as Jobberman, an online employment service, and Traclist, an online fashion shopping service.
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