All posts tagged: $0700.HK

The double edged sword of success: Understanding Naspers and their Tencent investment

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The Daily

“The investment strategy at the time was to find a replacement revenue source for its traditional print media business – which it forecast would decline in the advent of digital media” That’s a quote from an article describing Naspers, a South African media company, in the 1980s. Koos Bekker – now the Chairman – had suggested that there was potential for a new type of pay TV in South Africa, similar to HBO. The narrative […]