Naspers is basically a holding company that owns pieces of a bunch of internet businesses, from Takealot he…by @swordfish_sa on $NPN

Naspers is basically a holding company that owns pieces of a bunch of internet businesses, from Takealot here at home to stuff overseas. Problem is the offshore stuff keeps losing money and pulling the whole thing down, so you're paying for a local winner but getting dragged by the rest of the bag.