Prosus N.V. Stock News

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 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.

Naspers arm joins host of companies and investors counting losses from invasion of Ukraine

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 […]

Prosuss share price has been under pressure since July 2021 when China launched a wide-ranging crackdown on technology companies

SoftBank Vision Fund 2 led the investment round by infusing $200 million in Elasticrun while Naspers, Prosus, Goldman Sachs Assets Management and existing investors Chimera and Innoven jointly infused $130 million the rural market-focussed B2B firm at an enterprise valuation of around $1.5 billion

The MENA region has about 400 million people with $500 billion in annual savings. But as a relatively young population, most of them have minimal equity market and investment exposure. Replicating the success of Robinhood in the U.S., some platforms are looking to create investors out of the region. One such is Egypt-based Thndr. The []