• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

Loading...
See More

Naspers slides after Tencent tumbles

Nov 15 2012 19:38 Reuters

Company Data

NASPERS LIMITED [JSE:NPN]

Last traded 1943
Change 22
% Change 1
Cumulative volume 1090260
Market cap 0

Last Updated: 24-04-2015 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
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

10 most expensive cars In the world

This is car porn at its best!

 
 

Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

Money Clinic

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

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...