• Not just Zuma's home

    Nkandla could be a great cultural heritage tourism site, argues Unathi Henama.

  • Retribution will come

    Those who now pay the price for opposing a corrupt system shall rise again, says Solly Moeng.

  • Ego - the enemy within

    Successful people are humble in their aspirations and resilient in failure, says Ian Mann.

All data is delayed
Loading...
See More

Naspers slides after Tencent tumbles

Nov 15 2012 19:38
Reuters

Company Data

NASPERS LIMITED [JSE:NPN]

Last traded 2375
Change -39
% Change -2
Cumulative volume 1444350
Market cap 0

Last Updated: 30-09-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Koos Bekker to stay on at Naspers

Naspers up on Tencent profit rise

Bekker has R6bn Naspers shares - report

MWEB Business extends its cloud offering

Naspers to ramp up e-commerce interests

Naspers sets sights on growth

 
Johannesburg - Shares of Naspers [JSE:NPN] dropped 3.4% to R535.50, tracking a 7% tumble in China's Tencent Holdings, which is 34% owned by Naspers.

Tencent, China's biggest online gaming and social networking company, surprised the market with a rare earnings miss after the close of trade on Wednesday, as efforts to expand into new businesses hit margins and the number of its fee-paying Internet users fell.

Naspers' Asia business, which includes Tencent, currently makes up about 22% of its revenue, according to Thomson Reuters data.

* Fin24 is a Naspers publication.
naspers  |  tencent

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote

Loading...