Naspers owns a roundabout stake in Facebook. Yes really. Remember that Naspers owns 35 percent of the Chinese web company Tencent. Now Tencent is tying up with Digital Sky Technologies (DST), a Russian internet investment company. That invested 300 million US dollars in Facebook, DST that is. Want to own a piece of Facebook? Now you can. Read the FT article Tencent to invest $300m in DST. Naspers owns 43 percent of Mail.ru, an investment that DST also has a stake in, just by the by.
Tencent will own 10.26 percent of DST, but only a small percentage of the voting rights. DST owns 1.96 percent of Facebook. Facebook Receives Investment from Digital Sky Technologies. I did however see an analyst note which suggested that DST owned around 10 percent in Facebook, which then means Tencent owns around 1 percent. I seem to remember two rounds of fund raising by Facebook that DST participated in. Or is it through Zynga? Which of course means that Naspers owns 0.35 percent of Facebook. Not too sure if that 10 percent ownership of Facebook by DST is right, but this analyst is at the top of their game, must know their goods. Right?