Byju's Struggles To Raise Latest $800 Million Funding As Investors Resist
Indian online education provider Byju's is struggling to close a funding round of $800 million as a global technology rout weighs on valuations.
Source: ndtv.com
Page 15 - Naspers Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Tencent leads Chinese tech losses as Naspers, Prosus sale 'hurts' market sentiment
Chinese technology stocks fell as a plan by Tencent's major backer to further cut its stake in the company fueled concerns more investors may look to take profits following a strong rally.
Source: news24.com
Naspers, Prosus to sell Tencent shares to fund buybacks
(Reuters) - Chinese software giant Tencent Holdings said on Monday it noted an announcement from two of its shareholders, South Africa's Naspers Ltd a...
Source: 933thedrive.com
Tencent's top backer to cut US$134 billion stake
Prosus NV is planning to sell more of its US$134 billion stake in Chinese Internet giant Tencent Holdings Ltd (騰訊) to finance a buyback program, reversing a pledge to hold on to the full shareholding despite regulatory uncertainty. Tencent yesterday erased earlier gains in Hong Kong as investors pondered the extent to which Prosus, the Chinese company’s biggest shareholder, will unload its stock. The shares fell as much as 2.5 percent and closed 1.56 percent lower. “We will keep selling Tencent shares to buy back our own shares,” Prosus chief executive officer Bob Van Dijk said in an...
Source: taipeitimes.com
Prosus delivers strong revenue growth with profitable core operations
Prosus N.V. announced strong revenue growth with profitability in core operations for the year ending 31 March 2022.
Source: biznews.com