Overview
Description
Naspers Ltd - Sponsored ADR represents a unique opportunity to invest in one of the largest technology and investment companies originating from South Africa. Naspers Ltd is primarily known for its expansive portfolio of global internet and media properties. It holds significant stakes in companies across various sectors, including e-commerce, online classifieds, food delivery, payments, and fintech, among others. One of its most notable investments is its substantial shareholding in Tencent Holdings, a leading Chinese internet and technology firm. As an American Depositary Receipt (ADR), Naspers Ltd - Sponsored ADR allows U.S. investors to easily invest in Naspers shares without dealing with foreign stock exchanges or currency conversions. This ADR plays a crucial role in providing exposure to emerging market digital transformation trends and allows investors to participate in the growth of international technology markets through a South African lens. Its presence on the U.S. exchanges facilitates broader access and liquidity while highlighting its significance in global investment portfolios seeking diversification and innovation-driven growth.
About
CEO
Mr. Fabricio Bloisi
Employees
25564
Address
40 Heerengracht
PO Box 2271
Cape Town, 8001
PO Box 2271
Cape Town, 8001
Phone
27 21 406 2121
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Germany
MIC code
XDUS