A segment of commerce

JSE ecommerce and platform shares.

Commerce online: the owners of Takealot and Mr D here, and of consumer internet businesses around the world.

PlatformsThe companies

SharePriceToday1MYTD1YMarket valueP/EYieldNext results
Naspers NPNR703.14-1.64%-10.7%-36.3%-43.8%R526.2bn7.0x0.7%25 Nov 2026
Prosus PRXR660.76-1.65%-8.0%-35.5%-45.5%R1.38trn7.7x0.8%25 Nov 2026

One yearThe segment against the market

Segment index vs the Artive Commerce Index and JSE Top 40, rebased to 100. Built from delayed JSE prices via Yahoo Finance. Not advice.

The economyWhat moves it

How we read this segment’s exposure to the South African economy, and which way each is moving now.

  • The rand

    Weighs on this segment when it rises (earns mostly offshore, so a weaker rand lifts rand profits).

    Now: Rand steady (R16.38/$)

PlatformsComing up

Tue, 03 Nov

  1. DividendProsus (PRX) goes ex-dividend

Wed, 25 Nov

  1. ResultsNaspers (NPN) reports

Wed, 25 Nov

  1. ResultsProsus (PRX) reports

In the news

  1. TechCentral

    WeTransfer founder joins Prosus in AI leadership shake-up

The rest of commerce

Artive Capital doesn’t raise outside capital; it only trades and invests Artive’s own, and has no clients. This is a screen we use to decide where to look, not a recommendation to buy or sell anything. Prices are delayed and third-party data can be wrong; check with your broker before you act.

We don’t take outside money, but we always like talking markets and commerce.

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