Tapping edtech’s trillions
Naspers, through its Amsterdam-listed subsidiary Prosus, holds unlisted e-commerce assets valued at $39bn. That is more than four times the size of Sasol’s market cap. This article on education technology is the last in a series of four on the business segments on which Naspers is betting hundreds of billions of rands for the future
Investing in education is nothing new for Naspers.
Two decades ago, the company talked up the use of technology in its Educor segment. Not only did it have names such as Damelin, Lyceum and Allenby Campus in the stable, under then CEO Koos Bekker it was an early investor in private schools group Curro...