After making enormous gains during the height of the Covid-19 pandemic, most major global tech shares have taken a beating in 2022.
Before the recent slump, the shares of US giants like Amazon, Apple, Google, and Microsoft, showed exponential growth in the past five years.However, the four biggest either have their headquarters based overseas or effectively operate from abroad.Prosus is officially headquartered out of Amsterdam. Although Naspers still lists its headquarters as being in Cape Town, many of its top executives are now also based in the Netherlands.
It was first listed on the JSE in December 1994 and began its international expansion when it bought Logicalis Networks in 1997.Its portfolio continued to grow in the years after that.Datatec share price from 2018 to 2022