2000 All print media businesses are organised and branded under the Media24 umbrella.
May 2001 Naspers acquires a 46.5% interest in Tencent Holdings Limited, the operator of an instant messaging platform in China called QQ. The business has since developed into the leading instant messaging business in China.
2001 M-Net and SuperSport are listed on the Nigerian Stock Exchange.
August 2002 MIH Limited sells its stake in OpenTV.
December 2002 Following a restructuring, Naspers’ minority interests in MIH Holdings and MIH Limited are swapped for shares in Naspers itself, and they become wholly owned subsidiaries of Naspers.
Holders of MIH Limited shares, resident in any country other than South Africa, receive their interest in Naspers shares in the form of Naspers’ American Depositary Shares (ADSs). MIH Holdings shares are delisted from the JSE and MIH Limited’s shares are delisted from NASDAQ. At the same time, Naspers’ ADSs are listed on NASDAQ.
April 2004 M-Net and SuperSport are delisted from the JSE and Nigerian Stock Exchange after Naspers acquires an additional interest in both businesses.
June 2004 Tencent lists on the Hong Kong Stock Exchange in June 2004 and Naspers’ holding is consequently reduced to 35%. Naspers has never sold any Tencent shares and today holds an effective 34% stake, with the holding being reduced due to Tencent issuing shares for its share incentive scheme. Since 31 March 2009, MIH has held a 35.04% interest in Tencent.
December 2004 MIH acquires a 9.9% strategic stake in Beijing Media Corporation, one of China's leading newspapers companies, with its flagship newspaper, the Beijing Youth Daily.
February 2005 MWEB acquires the internet business of Tiscali in South Africa.
March 2005 Naspers consolidates all its print media, book publishing (Via Afrika) and private education (Educor) assets under the Media24 umbrella to simplify the group structure.
January 2006 MIH sells its investment in the Thailand pay-television platform, UBC, and its investments in the Thailand internet business, MKSC World Dot Com Co. Limited.
May 2006 MIH acquires a 30% stake in the leading Brazilian media company Abril S.A. for a cash consideration of US$422 million. The rationale for this transaction is to provide an entry into the internet in the growing Brazilian media market.
September 2006 Media24 launches a Broad-Based Black Economic Empowerment (B-BBEE) share offer, Welkom Yizani, which offers eligible black people and black groups an indirect interest of 15% in Media24. The offer is three times oversubscribed, with over 100 000 applications receiving 14.6 million Welkom Yizani ordinary shares.
During the last quarter of 2006, MultiChoice South Africa (MCSA) completes two successful B-BBEE transactions. Called Phuthuma Nathi, the first transaction offers an indirect interest of 15% in the MCSA pay-television and internet business to eligible black people and groups. The offer is three times over-subscribed with around 120 000 applications receiving 45 million Phuthuma Nathi ordinary shares on offer.
A second transaction offers a further indirect interest of 7.5% to those applicants who did not receive their full allocation in the first Phuthuma Nathi and Welkom Yizani offers. This offer is more than twice over-subscribed. Approximately 3 500 applications receive 22.5 million ordinary shares on offer.
In total, Phuthuma Nathi shareholders end up holding 22.5% in MCSA. The acquisition of the remaining 40% interest in M-Net and SuperSport (detailed below), settled by issuing MCSA shares, dilutes the Phuthuma Nathi shareholding to 20%.
December 2006 MIH acquires an interest in the Russian internet business, Port.ru, Inc. (mail.ru). MIH subsequently increases its interest in mail.ru to 42,88% from 31 March 2009.
Early 2007 MIH participates in a capital raising exercise by Naspers. The marketed offering of US$750 million is two times over-subscribed and the allocation is raised to US$875 million. A successful green shoe – or over-allotment option – increases the proceeds by a further 15%.
May 2007 Naspers is delisted from the NASDAQ and listed on the London Stock Exchange as a secondary listing.
October 2007 MWEB Africa successfully completes the acquisition of Afsat, the leading African satellite ISP.
November 2007 Naspers finalises its acquisition of a 40% interest in M-Net and SuperSport International Holdings Limited (SuperSport). The transaction is settled by issuing 21,6 million Naspers shares and R250 million in cash.
The Group also acquires 100% of the issued share capital of Cloakware Inc, a US company providing software security solutions.
March 2008 MIH acquires 100% of Tradus, a leading provider of C2C ecommerce platforms in Central and Eastern Europe for GBP946 million. Tradus is subsequently delisted from the London Stock Exchange and the group is reorganised into Allegro and Ricardo.
In addition, Gadu-Gadu, a leading instant-messaging (IM) platform in Poland, is purchased and subsequently delisted from the Warsaw exchange.
2008 MIH increases its interest in Nimbuzz, which focuses on IM, mobile VoIP and telecommunications; invests in BuzzCity, a developer of global wireless communities and consumer services; ACL Wireless, a mobile solutions company in India; and Compera nTime, a leading provider of mobile value-added services in Brazil.
August 2008 Naspers sells its Greek and Cypriot pay-television operations, Netmed, for EUR490 million.
June 2009 Allegro acquires an 83.2% interest in Bankier.pl, a leading Warsaw-listed Polish financial portal.
2009 Allegro acquires a 75% interest in Arukereso in Hungary, which offers online price comparison services in Central Eastern Europe.
August 2009 MIH acquires a 51% interest in sulit.com.ph, a leading classifieds business in the Philippines. This stake increases to 75% in 2012, and then to 83% in 2013.
September 2009 MIH acquires 91% of BuscaPé, a leading ecommerce company offering online price comparison services in Latin America, for US$342 million.
October 2009 The group subscribes for an additional 11.9% in Mail.ru, to enable mail.ru to acquire 100% of Astrum Online Entertainment (Astrum), the largest games developer and games platform operator in Russia.
The Competition Commission approves the acquisition of 51% of Korbitec by Property24. This is increases to 85% in August 2012.
November 2009 Telkom agrees to buy MWeb Africa from MIH.