Thursday, June 21Always On-point

Media

Naspers (DStv) through Tencent acquires stake in Snap Inc, the Snapchat parent

Naspers (DStv) through Tencent acquires stake in Snap Inc, the Snapchat parent

Applications, Media, Social Media
We are all aware of DStv which is under the Naspers group. Naspers is a South African multinational company which owns various brands; Multichoice, SuperSport and MWEB to name a few. That is impressive but not as impressive as the fact that they own one third of Tencent. Now Tencent is a massive Chinese company responsible for We Chat and QQ. Just because we don’t use those messaging apps does not mean they are not huge. Both We Chat and QQ have almost a billion users, each. That purchase of 33% stake in Tencent by Napsers way back in 2001 is probably the best decision ever made by the directors over at the company. They purchased that 33% stake for $32 million and that stake is now valued at over $130 BILLION. From $32 million to $130 billion in 16 years. What an investment. Now
Social media South Africa 2018, are we ready?

Social media South Africa 2018, are we ready?

Media, Security, Social Media, What's Hot
I recently attended Arthur Goldstuck's presentation on the SA Social Media Landscape 2018. From research conducted by World Wide Worx and Ornico, 118 of South Africa's largest businesses shared information on their social media, digital strategy and future plans. What stood out for me was the potential for brands on YouTube. Plus a bigger question, are some businesses still not prepared for social media integration? For someone in the industry it was heartening to see the positive growth statistics of social media in South Africa over the last year. What’s gone up? Facebook is now used by 97% of big business, a rise from 91% in 2016, Instagram from 62% to 71.6% and LinkedIn from 63% to 71.6%. Corporate blogs grew from 24% to 36% this year and we can look forward to 8% more businesses ad
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