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June 4, 2021
Naspers subsidiary Prosus fell 2.5 percent on the JSE to R1 424.33 yesterday in spite of announcing a $1.8 billion (R24.4bn) deal to acquire the online learning company Stack Overflow.
June 3, 2021
Shares of technology companies rose amid deal activity. Online craft store Etsy agreed to buy Depop, a privately held fashion marketplace, for $1.63 billion, making a large bet on the booming...
June 3, 2021
Stack Overflow, the online developer community forum, has struck a deal with Naspers’ international internet assets division Prosus. According to a report from the Wall Street Journal, Prosus is buying the company for a whopping $1.8 billio
June 3, 2021
Stack Overflow, a question and answer website, has more than 100 million visitors every month.
June 3, 2021
A platform used by software developers.
June 3, 2021
Stack Overflow is seen as Prosus first outright acquisition in the edtech space. The Naspers spinoff has previously backed several edtech startups, including Brainly, Udemy and Byjus.
June 3, 2021
Has the EdTech bubble burst? Prosus begs to differ on June 3, 2021, 9:39 In a nutshell: Prosus is all-in when it comes to investing in EdTech; the tech investment firm has announced that it has successfully acquired Stack Overflow, a popular question-and-answer portfolio of sites dedicated to helping developers and building communities around niche topics. This is the first in what appears to be a series of moves focused on the future of learning independently online. Pros...
June 3, 2021
Alec Hogg: Prosus makes big move to silence critics "Prosus $1.8bn acquisition of 100m-a-month-visitor edutech business Stack Overflow may quieten the shrill voices", says Alec Hogg. This article is exclusive to Biznews Premium. Members please login here. Not yet subscribed? Taste before you eat by signing up here for a half price 30 day trial (card details required). Cyril Ramaphosa: The Audio Biography Listen to the story of Cyril Ramaphosas rise to presidential power, narrated by our very ...
June 3, 2021
Prosus, the largest technology company you never heard of, announced its intention to buy Stack Overflow for $1.8 billion this week. The Netherlands-based technology investor owns 29% of Tencent and a wide range of consumer internet companies. The purchase of Stack Overflow will provide a huge base of developers to market to, content for training, and opportunities in China.
June 3, 2021
Stack Overflow This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The European tech investor Prosus is acquiring developer Q&A site Stack Overflow for $1.8 billion. Prosus is Tencents largest shareholder and has invested in other edtech companies like Codecademy. Stack Overflow plans to expand internationally and build its advertising and subscription business. The popular develop...