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PROSUS NV
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- Prosus' OLX to buy French classified platform La Centrale in $1.3 billion dealProsus expects the deal to close by year-end, it said in a statement.
- Prosus doubles stake in Urban Company ahead of $1.8 billion IPOProsus NV, buoyed by its Tencent success, has significantly increased its stake in Urban Company to 7.35%, becoming a major shareholder ahe...
- Prosus doubles stake in Urban Company ahead of $1.8 billion IPOProsus NV, fueled by its Tencent success, has significantly increased its stake in Urban Co. to 7.35% ahead of its IPO, investing $139 mill...
- Prosus gains $2 billion on Swiggy investment with IPO valuationProsus NV, Tencent's top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond T...
- Prosus to boost ecommerce profit to $400 million for 2025 year“In fiscal year 2024, the group improved its ecommerce adjusted EBIT by more than $400 million, and our intent is to keep that pace up this...
- Naspers gets CCI's clearance to buy minority stake in Vastu Housing Finance CorpThe Competition Commission of India has approved Naspers Ventures' acquisition of a minority stake in Vastu Housing Finance Corporation Ltd...
- Prosus reports $2 billion in core earnings, sees ecommerce profitability earlierCore headline earnings for the six months ended September 30 were $2 billion, from $1.1 billion in the same period a year earlier, in line ...
- Prosus agrees to sell part of PayU to Rapyd for $610 millionProsus NV plans to sell part of its emerging-markets financial technology company PayU to Israel’s Rapyd for $610 million.
- Dutch online marketplace OLX contributing to EU antitrust probe into MetaThe European Commission has accused Meta of gaining an unfair advantage by tying its classified advertisements service Marketplace with its...
- Dutch tech investor Prosus to end cross-holding with parent NaspersThe cross-holding had been set up in 2021 via a share swap deal under which Prosus issued new shares to buy a 45.4% stake in Naspers, effec...
- Prosus to explore divestments from fintech arm PayUProsus NV is exploring potential divestments from its emerging-markets financial technology company PayU, according to people familiar with...
- Tencent shares slump as Prosus seen to step up sellingThe internet company’s shares dropped 5.2% to HK$357.2 in Hong Kong, the most since late January, after news that Prosus planned to deposit...
- PayU calls off $4.7 bn acquisition of BillDeskProsus, the global investment arm of South African multinational Nasper, had on August 31 last year announced acquisition of BillDesk in an...
- Legendary China bets unwind as Warren Buffett, SoftBank, Naspers sellBig-name investors who’ve made billions from Tencent Holdings, Alibaba Group Holding, and BYD Co., are taking money off the table.
- Prosus reports strong growth in India; ASCI flags over 400 crypto ads in five monthsLast year, Prosus NV invested more than $1.03 billion in various Indian startups, including Swiggy, Byju’s, Eruditus and Meesho. Now, the D...
- Prosus plans to raise stake in parent Naspers to 50% in share swap dealThe Prosus-Naspers share swap deal will move part of their shareholding in China's Tencent Holdings to Amsterdam in The Netherlands from Jo...
- Prosus to sell 2% stake in Tencent worth $15 billionProsus, majority-owned by Naspers of South Africa, said the sale would lower its stake in Tencent to 28.9% from 30.9%.
- Naspers banks on ecommerce boom post pandemic for growthNaspers benefited during the lockdown as more people shifted online for shopping, food, making payments, or learning.
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