What is 'Stack Overflow', and why did Prosus (Naspers) pay R24.5 billion for it?

What is 'Stack Overflow', and why did Prosus (Naspers) pay R24.5 billion for it?
3 June 2021 7:16 PM
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The Money Show’s Bruce Whitfield interviews Siboniso Nxumalo, a portfolio manager at Old Mutual Investment Group.
Naspers-owned Prosus is buying Stack Overflow for $1.8 billion
Stack Overflow is a question-and-answer website for professional and enthusiast programmers
The website has 100 million users
Stack Overflow is not yet profitable
Tech giant Prosus is paying $1.8 billion for Stack Overflow. © pressmaster/123rf.com
Prosus – the company that holds the international assets of Naspers - is buying programming Q&A website Stack Overflow for $1.8 billion (about R24.5 billion).

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