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Naspers-owned Prosus to invest $80m in European online trader By Loni Prinsloo (Bloomberg) – Prosus NV and Tencent Holdings Ltd. are investing in European online-trading group BUX, giving the internet giants a greater foothold in the fast-growing sector. The Dutch e-commerce group and Chinese developer of the WeChat app led a funding round of $80 million that BUX will use to expand its zero-commission investment platform, BUX Chief Executive Officer Yorick Naeff said in an interview. The Amsterdam-based company will also hire more staff, especially software engineers, and adapt the platform for different European markets, he said. “There used to be a huge hurdle for people to start investing, especially for younger people,” Naeff said. “It was over-complicated. The app makes investing affordable, accessible and intuitive for the newer generation especially.” ....