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Investing In Tech Requires A Different Mindset

Technology and internet (tech) stocks now account for around 30% of US stock market value and 20% of global stock markets’ value. SA’s sole...

Prosus’ Swiggy Raises R1.7bn To Further Develop Its New Lines Of Business

Swiggy, India’s largest food delivery platform, has raised $113 million (R1.7 billion) to further develop its new lines of business, addressing visible gaps in...

Indian Startup Dot Raises R119m From Prosus’ PayU

Dot, an India-based offline-to-online (O2O) commerce and FinTech startup, announced on Thursday it has raised $8 million (R119 million) initial seed funding from Prosus-owned...

Prosus Bookbuild To Raise R22.5bn For Naspers

Africa’s most valuable company said in a statement on Wednesday that it intends to repatriate the proceeds to South Africa to buy back its own shares.

Just Eat Bidding War is Over – Prosus Walks Away, TakeAway Is Victorious

"Just Eat is not an acquisition we wanted to make at any cost," argues Bob van Dijk, CEO of Prosus, after the tech giant...

Prosus’ PayU To Invest R2.8bn In A New Credit Business In India

PayU, the payments and FinTech business of Prosus, is planning to inject up to $200 million (R2.8 billion) in the new digital lending leader...

A Tencent-Led Consortium Buys 10% of Universal Music

A consortium led by Chinese tech giant Tencent is buying a 10% stake in Vivendi's Universal Music Group for 3 billion euros (R47 billion),...

Prosus Tables Final Cash Offer to Buy Just Eat

Naspers-owned tech giant Prosus has tabled a final cash offer to buy Just Eat, which operates a leading global hybrid marketplace for Online Food...

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