Integrated annual report 2023


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Smartphone users 173 million

81%* of population is internet users


Population 218.7 million

Unemployment rate 7.9%

GDP 2.9%

Inflation 7.8%*


Food Delivery 750 million orders


Online grocery sector 20% CAGR*

Smartphone penetration 85%

* Estimated.

Naspers offers

Building a global leader in on-demand food delivery.

  • iFood is the most-loved delivery company in Brazil, engaging with society through meaningful actions.
  • Around 1 500 Brazilian cities covered.

Financial service offering gained traction.

Innovation driving growth for iFood.


  • For 2025: We aim for no plastic pollution in iFood’s food deliveries; to remain carbon-neutral; and to have non-polluting delivery methods for 50% of deliveries.
  • Todos a Mesa (all at the table) programme aims to end food insecurity (15% of the population faces this issue). Besides food donations, iFood users can donate money through its app – iFood is now the largest donation platform in Brazil, with over BRL25m donated since 2021.
  • 5 000 people have completed iFood’s basic education courses for its driver community. For FY24, iFood aims to have 30 000 drivers complete the basic education programme.

Administration and corporate information

Company secretary
L Bagwandeen
Suite 15, Third Floor
Oxford & Glenhove
116 Oxford Road
Houghton Estate
Johannesburg 2196
South Africa

Registered office
40 Heerengracht
Cape Town 8001
South Africa
PO Box 2271
Cape Town 8000
South Africa
Tel: +27 (0)21 406 2121
Fax: +27 (0)21 406 3753

Registration number
Incorporated in the Republic of South Africa
JSE share code: NPN ISIN: ZAE000015889

Independent auditor
PricewaterhouseCoopers Inc.

Transfer secretaries
JSE Investor Services Proprietary Limited
(Registration number: 2000/007239/07)
One Exchange Square
2 Gwen Lane
Sandown, Sandton 2196
PO Box 4844
Johannesburg 2000, South Africa
Tel: +27 (0)86 140 0110/+27 (0)11 713 0800

ADR programme
Bank of New York Mellon maintains a
GlobalBuyDIRECTSM plan for Naspers Limited
For additional information, please visit
Bank of New York Mellon’s website at or call Shareholder
Relations at 1-888-BNY-ADRS or
1-800-345-1612 or write to:
Bank of New York Mellon, Shareholder Relations
Department – GlobalBuyDIRECTSM
Church Street Station
PO Box 11258
New York
NY 10286-1258

Investec Bank Limited
(Registration number: 1969/004763/06)
PO Box 785700
Sandton 2146
South Africa
Tel: +27 (0)11 286 7326/+27 (0)11 286 9986

Webber Wentzel (in alliance with Linklaters)
PO Box 61771
Marshalltown 2107
South Africa

Werksmans Inc.
PO Box 1474
Cape Town 8000
South Africa

Investor relations
Eoin Ryan
Tel: +1 347-210-4305