Naspers Ceo Grilled Over Worker Rights

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naspers ceo grilled over worker rights

iFood controls 80% of the Brazilian food delivery market and is a wholly owned subsidiary of Naspers which is one of the largest technology investors and operators in the world.

In addition to iFood, Naspers owns just under 25% of German-listed Delivery Hero, 33% of India-based Swiggy and 100% of South African-based Mr D Food.

In a bid to address their concerns, Naspers chairman Koos Bekker invited representatives of Canada-based Share (Shareholder Association for Research and Education) to oversee how the global e-commerce group takes care of its million-plus delivery workers and report back to the board at next year's AGM.

Bekker was following up on comments made by Bloisi, who assured shareholders in attendance at Thursday's Naspers AGM that 'social impact is an area that is very important to me".

Bloisi, who took over the top job at Naspers in early July, was responding to Shares's description of iFood's controversial labour management policies.