Naspers sees $5.2 billion e-commerce boost for South Africa

AInvest
2024.08.27 05:26
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Naspers Ltd., Africa's largest company by market value, anticipates that e-commerce and digital platforms will contribute 91.4 billion rand (approximately $5.2 billion) to the South African economy by 2035. The company, founded in 1915, has evolved from a publishing house into a digital leader with significant global impact, particularly through its subsidiary Takealot.com. Naspers ranks as the world's 557th most valuable company with a market capitalization of about $52 billion. The digital revolution continues to shape Africa's economic landscape, driven by companies like Naspers and the Johannesburg Stock Exchange.