While existing shareholders sold stocks worth Rs 6,400 crore in the offer-for-sale (OFS) to book a big profit on their investments, the 17%...

Prosus NV, Tencent's top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond T...

Core 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 ...

It’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...

The 26% stake in Tencent, valued at around $100 billion, forms the bulk of the value of both companies.

The 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...

Net profit fell to $10 billion from $18.6 billion, mostly due to a worse performance by Chinese software giant Tencent, in which Prosus own...

The company said earnings from consolidated businesses in the second half of the year had been stronger than in the first six months, and t...

In a note published on the Prosus’ website, Eoin Ryan, head of investor relations, said: “Certain conditions precedent were not fulfilled b...

Big-name investors who’ve made billions from Tencent Holdings, Alibaba Group Holding, and BYD Co., are taking money off the table.

“Our food platforms continued to grow strongly at the core of the food delivery business and are now investing to extend that growth throug...

The investment firm is convinced of the Indian market's potential to deliver hefty returns to even later-stage investors like the South Afr...

The Prosus-Naspers share swap deal will move part of their shareholding in China's Tencent Holdings to Amsterdam in The Netherlands from Jo...

Prosus, majority-owned by Naspers of South Africa, said the sale would lower its stake in Tencent to 28.9% from 30.9%.

Naspers benefited during the lockdown as more people shifted online for shopping, food, making payments, or learning.

The pan-European STOXX 600 index was down 0.2% by 0717 GMT, with banks, automakers and oil and gas firms leading declines.

Naspers has taken stakes in myriad businesses around the world to try and replicate its success with Tencent, which it backed as a startup ...