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Naspers' performance is determined by Prosus whose performance is determined by Tencent. Tencent has recovered from intense negative sentiment in 2023 and early 2024, revaluing Naspers nicely. Naspers and the ZAR have come down on account of the ANC losing its majority in South Africa. They may have to let more extreme parties into a coalition.
Naspers (NPSNY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Dutch technology investor Prosus and its South African parent group Naspers on Friday named the head of their iFood business, Fabricio Bloisi, as their new CEO, replacing long-time boss Bob van Dijk who stepped down last September.
Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chief executive, replacing long-time boss Bob van Dijk who stepped down last September.