Overview
Description
Naspers Ltd Sponsored ADR represents a global technology and entertainment group headquartered in South Africa. As an American Depositary Receipt (ADR), it enables U.S. investors to partake in the growth and opportunities of Naspers, converting local shares into a foreign equity that can be traded on U.S. exchanges. Naspers is notably known for its significant investments in global internet and e-commerce assets, with key interests in platforms like Tencent, a leading provider of internet services in China. The company extends its reach across various sectors such as online classifieds, payment solutions, and food delivery. By focusing on long-term innovation and investment in promising digital markets, Naspers influences major global trends in technology and consumer behavior. Its ADR allows Naspers to attract a broader investor base, offering indirect exposure to emerging markets and the dynamic digital landscape, while also facilitating improved trading flexibility and liquidity for U.S.-based investors.
About
CEO
Mr. Fabricio Bloisi
Employees
25564
Address
40 Heerengracht
Cape Town, 8001
Cape Town, 8001
Phone
27 21 406 2121
Website
Instrument type
American depositary receipt
Sector
Consumer Cyclical
Industry
Internet Retail
Country
United States
MIC code
PINX