Naspers emerges with venturing success.
It is an enviable problem to have – your cor-porate venturing deals in different countries become so successful they overshadow the parent business and affect other potential investments.
For South Africa-based media group Naspers, its answer to the phenomenal suc-cesses in China and Russia through minority ownership of Tencent and Mail.ru – formerly Digital Sky Technologies until its listing on the London Stock Exchange – has been to row back on other deals in those countries, leaving it to its…
