The R708 billion gaming powerhouse behind one of South Africa’s most valuable companies

• Naspers agreed to acquire a 46.5% ownership stake in Tencent, valued at US$32 million (around R260 million) at the time.
• The company launched both the digital media company Media24, owner of the digital news site News24, and the online retailer Kalahari.com in 1998.
• Tencent will generate HK$43.2 billion in revenue in 2026, translating to R708 billion for the full year.