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Europe's SoftBank Prosus plays long game to shrink value gap Reuters 19 hrs ago By Toby Sterling, Promit Mukherjee and Abhinav Ramnarayan © Reuters/PIROSCHKA VAN DE WOUW FILE PHOTO: Bob van Dijk, CEO of Naspers and Prosus Group poses at Amsterdam's stock exchange, as Prosus begins trading on the Euronext stock exchange in Amsterdam By Toby Sterling, Promit Mukherjee and Abhinav Ramnarayan AMSTERDAM/JOHANNESBURG (Reuters) -Prosus, Europe's answer to SoftBank and its Vision Fund, is betting that its long-term investments can fill a yawning valuation gap and give it the same...

By Alec Mattinson2021-04-08T08:02:00+01:00 Top story Norwegian e-grocery business Oda has raised €223M to fund territorial expansion in a funding round led by SoftBank and tech investor Prosus. Oda, previously known as Kolonial.no since launching in 2013 before a rebrand today, currently has a share of online grocery orders in Norway of over 70% and plans to use the funding to commence its international expansion. It has started construction of a state-of-the-art fulfilment centre in Finland and is due to launch in Helsinki later this year. Oda also plans to launch its offering in Germany...