Dutch technology investor Prosus NV on Monday announced it will gradually sell down its massive stake in Tencent, reversing a pledge to retain the holding for a couple of years and knocking shares in
Shares of Tencent Holdings Ltd gave up morning gains to fall as much as 2.5% to HK$374.60 in the early afternoon, after Prosus and Napsers said they would gradually sell shares.
Coinbase has hired Arnab Kumar, former executive at Prosus Ventures, in the latest push to relaunch its eponymous cryptocurrency exchange in India. Kumar, who has previously also worked at influential

Prosus: Huge Discount Implies No Buybacks

10:02am, Tuesday, 07'th Jun 2022
Prosus has continued to underperform Tencent's stock, its largest holding. The discount to NAV has continued to increase at a magnificent pace.
David Herro (Trades, Portfolio), manager of Harris Associates' Oakmark International Fund, disclosed his portfolio for the first quarter of 2022 earlier this week.
Prosus, the Dutch-based technology investor, said on Friday it would seek a buyer for its Russian online marketplace Avito.

Prosus: Deep Discount On NAV Cannot Be Ignored

08:51am, Friday, 06'th May 2022
Prosus is a smart way to buy Tencent. This holding company is severely undervalued compared to NAV, although there might be some reasons to justify it.
European shares rose on Friday as strong earnings reports and a rally in mining and technology stocks boosted risk appetite at the end of a volatile month dominated by concerns about slowing global gr
Amsterdam-based Prosus NV, the owner of Russian online marketplace Avito, said on Tuesday it has taken steps to remove "a small number" of advertisements for jobs in the Russian military that had made
Prosus expects to write off the equivalent of R11.8-billion and has asked its directors on the board of social media platform VK to resign.

Prosus writes down R12bn investment in Russia

05:39pm, Monday, 07'th Mar 2022 BusinessLIVE
Naspers arm joins host of companies and investors counting losses from invasion of Ukraine

Mensa Brands acquires home storage solutions brand, Pretty Krafts

12:13pm, Monday, 07'th Mar 2022 The Hindu BusinessLine
Mensa is backed by marquee investors such as Accel Partners, Falcon Edge Capital, Norwest Venture Partners, Prosus, and Tiger Global Management
The London Stock Exchange has suspended trading in the VK Group, the Russian media company which is 25.7% owned by Prosus.
99minutos, a logistics service company for e-commerce vendors across Latin America, is making fast work out of attracting funding. It announced today $82 million in Series C funding, led by Oak HC/FT, with participation from existing investors Kaszek and Prosus Ventures. The last round follows a $40 million Series B investment last May from Prosus […]
99minutos, a logistics service company for e-commerce vendors across Latin America, is making fast work out of attracting funding. It announced today $82 million in Series C funding, led by Oak HC/FT, with participation from existing investors Kaszek and Prosus Ventures. The last round follows a $40 million Series B investment last May from Prosus […]
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