07 December 2023 Editors Choice 16 Min Read
Is Naspers finally done burning through cash?
For more than a decade, Naspers seems to have stuck to a confused — and confusing — corporate strategy: questionable investments, add-ons, write-offs, a crazily complicated cross-holding and the unwinding of that cross-holding. It may have seemed awfully haphazard, but the end result is actually quite elegant
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