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Covid-19 brings the future forward for Naspers

23 November 2020

““The acceleration in the revenue growth rate is a very positive development,” says Peter Takaendesa, head of equities at Mergence Investment Managers. “Of course, SA investors still want to see revenues translating into profit at the e-commerce level – but as long as revenue growth continues to be driven by strong user uptake, rather than price increases, I believe the trend is in the right direction.”