Integrated annual report 2020

Building leading
companies
that improve people's lives

two people looking at laptop

Who we are

Naspers is a global consumer internet group and one of the largest technology investors in the world.

This year, we laid down a strong foundation for the group's next chapter. We continued to build leading companies that use technology to improve the daily lives of millions of people.

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Covid-19 update

The Covid-19 pandemic has created unprecedented challenges and uncertainties for everyone around the world. Find out how we are responding to this evolving situation.

Download our response to Covid-19

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How we've performed

Group performance

Through Prosus, we focus on building global consumer internet businesses. We have investments in classifieds, food delivery, payments and fintech, education, health and etail, as well as ventures, and social and internet platforms. We also have a leading media business, Media24, and a leading etail business, Takealot, in South Africa.

Notes

  • (1) On an economic-interest basis. Growth in local currency, excluding acquisitions and disposals

REVENUE

us$22.1bn

up 23%(1)

TRADING PROFIT

us$3.7bn

up 17%(1)

EMPLOYEES

25 527

Classifieds

Our brands, OLX and Avito, including 15 other brands, hold leading market positions in more than 22 countries.

Notes

  • (1) Presented on an economic-interest basis. Growth in local currency excluding acquisitions and disposals.

REVENUE

us$1 299m

up 37%(1)

TRADING PROFIT

us$44m

up >100%(1)

EMPLOYEES

8 449

Food delivery

Our portfolio consists of food-delivery businesses, including iFood, Delivery Hero and Swiggy, that lead in 38 markets globally.

Notes

  • (1) Presented on an economic-interest basis. Growth in local currency excluding acquisitions and disposals.

REVENUE

us$751m

up >100%(1)

TRADING LOSS

us$624m

up >100%(1)

EMPLOYEES

2 612

Payments and Fintech

PayU is one of the largest online payment services platforms in the world, with operations in 20 markets across Africa and the Middle East, Central and Eastern Europe, India, Southeast Asia and Latin America. Included in this segment are the group's fintech and credit associates Remitly and ZestMoney.

Notes

  • (1) Presented on an economic-interest basis. Growth in local currency excluding acquisitions and disposals.

REVENUE

us$428m

up 21%(1)

TRADING LOSS

us$67m

up 32%(1)

EMPLOYEES

2 817

Etail

eMAG is an ecommerce leader in Central and Eastern Europe. Takealot is South Africa's leading etailer, with three major businesses: Takealot.com, Superbalist and Mr D Food.

Notes

  • (1) Presented on an economic-interest basis. Growth in local currency excluding acquisitions and disposals.

REVENUE

us$1 756m

up 19%(1)

TRADING LOSS

us$63m

up 31%(1)

EMPLOYEES

6 796

Ventures

Our Ventures arm partners with entrepreneurs to build leading technology companies, with the ambition to fuel the next wave of growth for the group.

Notes

  • (1) Presented on an economic-interest basis. Growth in local currency excluding acquisitions and disposals.

REVENUE

us$99m

up >100%(1)

TRADING LOSS

us$57m

up 6%(1)

Social and internet platforms

Prosus also holds investments in two listed internet companies: Tencent (31%), China's largest and most-used internet services platform, and Mail.ru Group (27.9%), the leading internet company in Russian-speaking markets.

Notes

  • (1) Presented on an economic-interest basis. Growth in local currency excluding acquisitions and disposals.

REVENUE

us$17 189m

up 21%(1)

TRADING PROFIT

us$4 699m

up 22%(1)

Media

Media24 is Africa's leading print and digital media group with interests in digital media and services, newspapers, magazines, ecommerce, book publishing, print and distribution. It publishes some 30 magazines and 80 newspapers and reaches more than 2 million average daily unique browsers, generating almost 17 million average daily page views, across its digital platforms.

Notes

  • (1) Presented on an economic-interest basis. Growth in local currency excluding acquisitions and disposals.

REVENUE

us$272m

down 6%(1)

TRADING PROFIT

us$8m

up >100%(1)

EMPLOYEES

3 242

At heart, we are entrepreneurs who want to make a positive impact on the world.

Koos Bekker, chair

Download chair's statement

PDF 169KB

Koos Becker

We never sit still – we actively seek new opportunities to build for the long term. It's what keeps us moving forward.

Bob van Dijk, chief executive

Download chief executive's review

PDF 169KB

Bob van Dijk

Delivering sustainable value throughout the year

We report on the six capitals that together provide a true picture of value across the group

View our business model
naspers business model diagram
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Focusing on sustainability

At our core we strive to have a lasting positive impact on people's lives around the world - empowering people and enriching their communities long term.

View sustainability

Download sustainability review

PDF 169KB