Naspers CEO Defies China Slump to Leapfrog Netflix in Africa

  • Has more than $2 billion to spend on emerging-market expansion
  • Says underlying fundamentals are very solid for Tencent

Naspers CEO Defies China Slump

Bob van Dijk’s $55 billion media company gets almost all of its value from a single Chinese investment, yet he’s more concerned about attracting Africans to Naspers Ltd.’s new video-on-demand service than about China’s economic slowdown.

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