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Top News In Prosu Tencent Today - Breaking & Trending Today

Naspers and Prosus CEO resigns

How has Nigerian fintech company Piggytech continued to maintain a close-knit team of seven for years? Read about it in today's edition. ....

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These 3 Sleeper Tech Stocks Are Poised for a Revival in the Back Half of 2023

The tech sector holds a few diamonds in the rough. These three examples are ready to shine as the global economy gets back on its feet again. ....

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Could This Stock Really Double This Summer?

Management for this international tech conglomerate believes it should. ....

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Prosus Makes Its Big Move With Tencent Sale: 4 Things It Can Do With Its Billions

Author Bio
I love looking at the story behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names.
One of the more intriguing international stocks is
Prosus (OTC:PROSY), the European technology holding company spun out of South African media giant
Naspers (OTC:NPSNY) in 2019. Best known for its famous investment in
Tencent (OTC:TCEHY) back in 2001, Naspers/Prosus still retains a huge stake in the internet giant, making Naspers the biggest company in South Africa by a wide margin, and prompting the spinout of Prosus to European exchanges.
Despite having several other impressive business holdings under its corporate umbrella, Prosus/Naspers has long traded at a discount to the value of its Tencent stake alone, which still accounts for an overwhelming portion of Prosus value. ....

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Prosus Makes Its Big Move With Tencent Sale: 4 Things It Can Do With Its Billions

Prosus Makes Its Big Move With Tencent Sale: 4 Things It Can Do With Its Billions
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.

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