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PROSUS AND NASPERS STAKE
Prosus doubles half-year core profit amid e-commerce pivotProsus reported a 99% surge in adjusted half-year core profit, reaching $423 million, driven by strong digital services and e-commerce perf...- Prosus eyes growth across private and public markets: Gaurav KothariProsus recently made its first investment in a listed Indian firm, acquiring a 10.1% stake in Ixigo, the parent of travel platform Le Trave...
- Prosus buys additional stake in Ixigo; Peak XV, Elevation sell sharesDutch investment firm Prosus has significantly increased its stake in Ixigo's parent company, Le Travenues Technology, by acquiring an addi...
- Prosus buys 10% of Ixigo parent for Rs 1,296 crore; in talks to acquire additional stake from early investorsIxigo's parent company, Le Travenues Technology, is selling a 10% stake to Prosus for Rs 1,295 crore. The deal involves selling over 4.62 c...
- Prosus wins conditional EU antitrust nod for Just Eat Takeaway dealProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
- Prosus set to win EU nod for $4.74 billion Just Eat deal, sources sayProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
- Prosus to buy Just Eat Takeaway, to create a European food delivery firmDutch technology investor Prosus said on Monday it intends to buy Just Eat Takewaway.com's entire issued share capital for 4.1 billion euro...
- 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...
- 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...
- ETtech Exclusive | Closing new deals in India despite Byju's debacle: Prosus CEO Fabricio BloisiFabricio Bloisi, CEO of Prosus and Naspers, affirmed continued investment in Indian startups despite a $500 million loss from Byju's. Highl...
- Prosus & Naspers CEO Bob van Dijk steps down abruptly; Zomato hits 52-week highIt’s been a day for top-level exits. The really big one: Bob van Dijk, CEO of Dutch-listed technology investment firm Prosus and its parent...
- Naspers chairman Koos Bekker says company has no plans to sell Tencent stakeThe 26% stake in Tencent, valued at around $100 billion, forms the bulk of the value of both companies.
- 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 posts $617 million ecommerce trading loss, H2 sees improvementNet profit fell to $10 billion from $18.6 billion, mostly due to a worse performance by Chinese software giant Tencent, in which Prosus own...
- Prosus says Indian portfolio firms Swiggy, Byju’s saw strong growth in FY22“Our food platforms continued to grow strongly at the core of the food delivery business and are now investing to extend that growth throug...
- SoftBank breaks profit recordsIn today's ETtech Top 5 newsletter: SoftBank has clocked the highest ever profits for a Japanese firm, eBay taps into the phenomenon that i...
- 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.
- Naspers to bet on machine learningNaspers has taken stakes in myriad businesses around the world to try and replicate its success with Tencent, which it backed as a startup ...
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