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.
26 Sep, 2025, 10.54 AM IST
Urban Company IPO booked 104x; Indian investors chase AppleUrban Company’s Rs 1,900-crore IPO closed on Friday with robust investor demand. This and more in today’s ETtech Top 5.
12 Sep, 2025, 08.02 PM IST
Gautam Thakar steps down as head of Prosus’ global edtech verticalThakar oversaw Prosus’ investments in companies such as OLX Brazil, Takealot in South Africa, Stack Overflow and Brainly in the US, Goodhab...
12 Sep, 2025, 01.27 PM IST
Swiggy, Meesho investor Prosus and parent Naspers name Fabricio Bloisi as CEOFabricio Bloisi appointed chief executive of Prosus and Naspers, succeeding Bob van Dijk. Bloisi, current CEO of iFood, a food delivery bus...
17 May, 2024, 01.51 PM IST
Prosus elevates Ashutosh Sharma to lead India, Southeast Asia marketAshutosh Sharma appointed by Prosus to lead investments in India and Southeast Asia. He will report to interim CEO Ervin Tu and focus on ne...
25 Apr, 2024, 01.06 PM IST
CarTrade's Sobek shuts customer-to-business operations, shifts focus to classifieds businessSobek Auto’s C2B transaction business struggled with its unit economics. The company aims to reduce both human resource and other administr...
25 Oct, 2023, 05.34 PM IST
Prosus undertakes internal reorganisation, appoints separate leaders for edtech and food deliveryAs part of the reshuffle, Larry Illg, who was acting as the chief executive of the combined segment (food delivery and edtech), will be ste...
21 Aug, 2023, 08.18 PM IST
FIR filed against 4B Networks founder Rahul Yadav; Prosus announces org changes, shuffles top deckMumbai Police’s Economic Offences Wing (EOW) has registered an FIR against 4B Networks founder Rahul Yadav and senior executive Sanjay Sain...
21 Aug, 2023, 07.40 PM IST
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...
21 Jul, 2023, 08.23 PM IST
CarTrade Tech says it owns classifieds platform OLX’s entire India businessThe company had earlier said that it was acquiring 100% of Sobek Auto India Pvt Ltd, the entity that houses OLX India's auto business, but ...
13 Jul, 2023, 08.54 AM IST
CarTrade to acquire OLX India’s auto business for Rs 537 croreIn a stock exchange filing on Monday, CarTrade said that it will acquire 100% stake in Sobek Auto India Pvt Ltd, the entity which houses OL...
10 Jul, 2023, 11.39 PM IST
Online marketplace OLX Group lays off 800 employees globallyAccording to publication TechCrunch, the move comes as the company begins to phase out activities of its automotive business arm Olx Autos ...
21 Jun, 2023, 01.12 AM IST
OLX to slash workforce by 15%, fire at least 1,500 employeesThe company, owned by Prosus, started its business in India in 2009 and operates OLX and OLX Autos. Prosus is controlled by South Africa-ba...
31 Jan, 2023, 12.38 PM IST
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...
27 Jun, 2022, 09.36 PM IST
OLX Autos appoints Gautam Thakar as global CEOThakar, who will take up the role starting March 15, will manage the global operations of OLX Autos based out of India.
22 Feb, 2021, 12.52 PM IST
Udemy expands its leadership teamLydia Ventura Paterson is the Chief Financial Officer for OLX Group, the online classifieds business of Prosus.
23 Jan, 2020, 12.28 PM IST
Don’t let vested interests stifle innovation: Prosus CEOProsus CEO Bob van Dijk's statement comes at a time when the DPIIT is looking into online food delivery companies like Zomato and Swiggy, w...
01 Nov, 2019, 11.02 AM IST