About

Naspers is a global internet and entertainment group founded in 1915. It operates in more than 120 counties and is considered one of the largest technology investors in the world. The international legal team is led by group general counsel David Tudor, who has advised the Naspers group of companies since 1996 and currently advises on global transaction eCommerce at Naspers. The legal team has been intrinsically involved in various projects across South Africa. Most recently, in October 2018, Naspers committed R4.6bn of funding back to South African technology business, a move that required the legal team to facilitate documents and establish the “Naspers Foundry” initiative that aims to fund and support South African technology start-ups seeking to address societal needs. With a focus on the growth and development of the e-commerce sector in South Africa, the legal team has also been involved in the growing interest of merging with other leading e-commerce companies, namely facilitating an R960m investment in Takealot.com, South Africa’s leading general e-tailer, making Naspers the majority shareholder. The legal team has been a core enabler of the sector continuing to grow in the business market with huge potential.