{"id":844347,"date":"2025-11-24T11:59:28","date_gmt":"2025-11-24T09:59:28","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=844347"},"modified":"2025-11-24T11:59:32","modified_gmt":"2025-11-24T09:59:32","slug":"south-africas-most-valuable-company-pushing-hard-into-international-markets","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/844347\/south-africas-most-valuable-company-pushing-hard-into-international-markets\/","title":{"rendered":"South Africa’s most valuable company pushing hard into international markets"},"content":{"rendered":"\n

Naspers has seen a massive rise in its profits, with the group looking to expand aggressively in Europe, Latin America and India. <\/p>\n\n\n\n

Starting as a publisher, Naspers has grown to a global technology giant and now owns Takealot, Olx and Media24. <\/p>\n\n\n\n

With a market cap of about R935 billion, it is the most valuable company in South Africa. Much of this value is tied to Tencent, a Chinese technology giant and the world\u2019s largest video game maker. <\/p>\n\n\n\n

Naspers also has a complex cross-ownership structure with Amsterdam-based Prosus, which is valued at R2.7 trillion.<\/p>\n\n\n\n

\u201cWe are only just beginning to build Prosus into a global tech leader and, to get there, we must stay relentlessly focused on delivering results,\u201d said CEO Fabricio Bloisi. <\/p>\n\n\n\n

The group said that its goal is to unlock substantial value by building large regional lifestyle ecommerce ecosystems in Latin America, Europe, and India. <\/p>\n\n\n\n

The group\u2019s businesses now serve about 2 billion customers worldwide and span nearly 100 companies with complementary capabilities. <\/p>\n\n\n\n

The group sees significant headroom to continue to grow strongly while expanding profit margins.<\/p>\n\n\n\n

In its financial results for the six months ended 30 September 2025, the group invested S$2.0 billion through mergers and acquisitions (M&A) to increase profitability.\u00a0<\/p>\n\n\n\n

This includes the acquisition of Just Eat Takeaway.com, for approximately EUR4.2 billion (R83 billion). <\/p>\n\n\n\n

\u201cThe acquisition advances our ambition to build a European lifestyle ecosystem and create an AI technology champion in Europe,\u201d said the group. <\/p>\n\n\n\n

\u201cWe remain disciplined in managing our portfolio by divesting non-strategic businesses and allocating that capital towards our ecosystem strategy.<\/p>\n\n\n\n

Financials <\/h2>\n\n\n
\n
\"\"<\/a>
Fabricio Bloisi, Naspers and Prosus CEO<\/figcaption><\/figure><\/div>\n\n\n

In October, the group completed a five-for-one share split, which had an impact on earnings per share. <\/p>\n\n\n\n

The group\u2019s consolidated revenue increased 20% to US$4.1 billion, driven by strong growth from iFood in Latin America (LatAm), OLX in Europe, and PayU in India. <\/p>\n\n\n\n

The group\u2019s earnings from continuing operations increased to US$2.4 billion (R41.54 billion) from US$2.0 billion (R34.62 billion)<\/strong> in the prior period.<\/p>\n\n\n\n

This increase was primarily due to increased profitability in consolidated and equity-accounted results, primarily from Tencent. <\/p>\n\n\n\n

There was also an increased gain on the partial disposal of the investment in Tencent.<\/p>\n\n\n\n

Core headline earnings from continuing operations were  up 13% to US$1.7 billion (R29.43 billion) <\/p>\n\n\n\n

Headline earnings from continuing operations slightly declined by US$4 million (R69.24 million) to US$1.1 billion(R19.04 billion).<\/p>\n\n\n\n

Looking at total operations, the group\u2019s earnings per share rose by 36.53% to $0.299 (R51.76). <\/p>\n\n\n\n

Headline earnings per share also rose by 9.38% to 140 cents (R24.23) per share, even if the overall headline earnings for the period dropped by 0.18% to US$1.1 billion(R19 billion).<\/p>\n\n\n\n

Metric<\/strong><\/td>HY26<\/strong><\/td>HY25<\/strong><\/td>% Change (YoY)<\/strong><\/td><\/tr>
Earnings per N ordinary share <\/strong>(US cents)<\/td>299 (R51.76)<\/td>219 (R37.91)<\/td>36.53%<\/strong><\/td><\/tr>
Headline earnings for the period<\/strong> (US$’m)<\/td>1,110 (R19 214m)<\/td>1,112 (R19 249m)<\/td>-0.18%<\/strong><\/td><\/tr>
Headline earnings per N ordinary share<\/strong> (US cents)<\/td>140 (R24.23)<\/td>128 (R22.16)<\/td>9.38%<\/strong><\/td><\/tr>
Core headline earnings for the period<\/strong> (US$’m)<\/td>1,704 (R29 496m)<\/td>1,499 (R25 948m)<\/td>13.68%<\/strong><\/td><\/tr>
Core headline earnings per N ordinary share <\/strong>(US cents)<\/td>214 (R37.04)<\/td>172 (R29.77)<\/td>24.42%<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
\n","protected":false},"excerpt":{"rendered":"

Prosus is looking to expand its ecommerce offerings across the world, with the group looking to become a global tech leader. <\/p>\n","protected":false},"author":95,"featured_media":796007,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[6944,107,15103,3314],"class_list":["post-844347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-media24","tag-naspers","tag-prosus","tag-takealot"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/844347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=844347"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/844347\/revisions"}],"predecessor-version":[{"id":844373,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/844347\/revisions\/844373"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/796007"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=844347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=844347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=844347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}