Naspers valuation less than what it owns in China's Tencent
Africa's most valuable company Naspers holds a 34% stake worth $88 billion today in Chinese internet company Tencent Holdings, while its own value is $72 billion. The media company had invested $34 million in Tencent in 2011. Naspers and Tencent jointly held a 91% and 9% stake in ibibo respectively, which was sold to Indian travel platform MakeMyTrip on Tuesday.