Naspers
Internet services
In one of the most successful venture capital investments of all time, Naspers bought a 46.5% stake in Chinese tech giant Tencent when it was still a start-up in 2001. That $32 million investment was worth $175 billion in 2018.

Overall

Owned ZAF
Rating D
About the Ratings
Naspers Ltd
ZAF

Company Assessment

(Last updated Jul 2024)
Naspers Ltd
Praise
CDP Climate Change score of B
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of B.
Source: CDP (2023)
Criticism
7.5/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2023 and received a score of 7.5/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
Price fixing in South Africa
In 2018 Naspers subsidiary Media24 entered into a settlement with the South African Competition Commission and will pay an administrative penalty of R13.8-million (US$857,000) for participating in price fixing and fixing of trading conditions.
Information
24.2% in Newsweek Green Rankings 2016
This company received a score of 24.3/100 in the Newsweek Green Rankings 2016, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
47/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 47/100 in the Retailing category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
42% in Digital Inclusion Benchmark
The 2023 Digital Inclusion Benchmark ranks 200 companies on their responsibility to advance a more inclusive digital society. The companies were assessed using four measurement areas: access, skills, use and innovation. This company ranked #60/200, with a total score of 42/100.
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Company Details

Type:
Public company
Revenue:
19 billion USD (2019)
Subsidiaries:
Tencent Holdings Ltd (31% owned)
Conglomerate
Tencent is mindbogglingly huge, being one the world's largest companies in each and all of the following areas: video games, technology, social media, venture capital and investment.
Riot Games Inc
Video games
Acquired by Chinese conglomerate Tencent in 2011.
Supercell Oy (51% owned)
Mobile games
Developer of mobile games including Clash of Clans and Clash Royale. Chinese technology conglomerate Tencent increased its stake in Supercell to 51.2% in 2019, making it majority owner.
Epic Games Inc (40% owned)
Video games
Founded in the USA in 1991 by Tim Sweeney, who still owns more than half of the company. Chinese conglomerate Tencent bought a 40% stake in 2012. Best known for developing Fortnite and the commercially available game engine Unreal Engine. Acquired Rocket League developer Psyonix in 2019. Disney, Sony and Lego all own minority stakes.
PDD Holdings Inc (15% owned)
E-commerce
Pinduoduo was founded in China in 2015 and grew quickly to become one of China’s largest online marketplaces. In 2023 the company rebranded to PDD Holdings, creating a parent company for Pinduoduo and Temu, its international e-commerce effort. Starting in September 2022, Temu has launched across North America, Europe and Australasia and is growing rapidly. Most of the products you see on Temu are directly shipped from Chinese suppliers and factories.

Contact Details

Address:
Cape Town, South Africa
Website:
www.naspers.com

Products / Brands

Tencent (31% owned)
Honor of Kings Mobile Games
WeChat Messaging
Riot Games (31% owned)
League of Legends Multiplayer Games
Valorant Multiplayer Games
Supercell (16% owned)
Boom Beach Mobile Games
Brawl Stars Mobile Games
Clash of Clans Mobile Games
Clash Royale Mobile Games
Hay Day Mobile Games
Epic Games (12% owned)
Fortnite Multiplayer Games
Rocket League Sports Games