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0.0141106978779261 0.0141106978779261 0.0141106978779261 0.0141106978779261 0.0275650842266462 0.0275650842266462 0.0275650842266462 0.0231896740319405
Stock impact report

Naspers Accelerates Growth, With 5X Improvement in Adjusted EBIT

NASPERS LTD S/ADR (NPSNY) 
Company Research Source: Business Wire
CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (Naspers) (JSE: NPN): The first six months of the financial year have been a successful period for the Group. Our operations delivered topline growth of 24%, with consolidated Ecommerce revenue of US$3.3bn, and we increased Ecommerce adjusted EBIT by five times to US$169m. We recently celebrated the listing of Swiggy, valued at US$11.3bn, and sold US$2bn+ of assets, including a portion of our Swiggy stake and our Trip.com position. Our buyback has created US$36bn of value since launch, with 12% NAV per share accretion, and is the largest globally of any tech company as a portion of market capitalisation. We are actively exploring the immense AI opportunity for our more than 2 billion customers, to accelerate our growth and profitability, and we are confident in the impact and value it will bring.Fabricio Bloisi, Group CEO, said: “Innovation and reinvention are in our DNA and essential to our success. We are embracing the ma Show less Read more
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