While the company still has media businesses, today Naspers is essentially a massive technology venture capital fund. Naspers was an early investor in China's Tencent Holdings ( TCEHY ) that once owned nearly half the company. More recently, Naspers spun off its closer-to-30% stake and other tech investments as a standalone company, Prosus, though Naspers continues to own 70% of Prosus. Additionally, Naspers controls its legacy media businesses via its Media24 group, and it runs South Africa's largest e-commerce retailer via its ownership of Takealot.