News & Videos - PROSUS

Prosus N.V. ( Prosus ) (AEX and JSE: PRX) The annual general meeting ( AGM ) of the shareholders of Prosus was held today. Shareholders are advised that all resolutions set out in the notice of the AGM were passed by the requisite majority of shareholders represented at the AGM and adopted, including all the resolutions required to implement the proposed transaction to remove the cross-holding structure between Naspers Limited and Prosus that was announced on Tuesday, 27 June 2023 (the Proposed...

Prosus N.V. (Prosus) (AEX and JSE: PRX): Prosus shareholders ( Prosus Shareholders ) are referred to the joint announcement published by Prosus and Naspers Limited ( Naspers ) on 27 June 2023 (the Transaction Announcement ) regarding Naspers's and Prosus's intention to implement a proposed transaction in terms of which the cross-holding structure between Naspers and Prosus will be removed (the Proposed Transaction ). Capitalised terms not defined in this announcement shall have the meaning given...

Distribution of notice of hybrid annual general meeting Prosus N.V. (Prosus) (AEX and JSE: PRX): Prosus shareholders are advised that notice is hereby given, in terms of the notice of annual general meeting published today, on 12 July 2023, that the hybrid annual general meeting of Prosus (the Annual General Meeting ) will be held at 14:00 CET on Wednesday, 23 August 2023, at The Warehouse, Generaal Vetterstraat 51-A, 1059 BT Amsterdam, the Netherlands. Prosus will, in any event, ensure virtual...

Prosus N.V. (Prosus) (AEX and JSE: PRX): 1. INTRODUCTION The board of directors of Naspers (the Naspers Board ) and the board of directors of Prosus (the Prosus Board ) are pleased to announce that Naspers and Prosus (together with their consolidated subsidiaries, the Group ) intend to implement a proposed transaction in terms of which the cross-holding structure between Naspers and Prosus (the Cross-Holding Structure) will be removed (the Proposed Transaction). The implementation of the...

Prosus N.V. (Prosus) (AEX and JSE: PRX): Shareholders are advised that the company’s annual report (including consolidated annual financial statements) for the year ended 31 March 2023 will be available on the company’s website, www.prosus.com , this morning, Tuesday, 27 June 2023. The summarised consolidated financial statements together with additional supporting information for the annual report will also be published on the website, www.prosus.com , together with the annual report....

Prosus N.V. (Prosus) (AEX and JSE: PRX): In the second half of the year the group made significant progress in delivery of its strategic priorities, positioning it well for long-term value creation. The ongoing open-ended repurchase programme is creating significant value for shareholders and actions taken in H2 to streamline operations have improved profitability. The group has increased confidence in achieving its H1 2025 profit ambition, while continuing to deliver high growth. Headlines...

São Paulo and Oslo, 1 June 2023 - OLX Brasil, one of the leading buying and selling online platforms in Brazil, in agreement with its shareholders, Prosus and Adevinta, welcomes the arrival of Olivier Aizac as Chief Executive Officer (CEO). Aizac takes over from Andries Oudshoorn, effective today. Andries has led the business through multiple key growth stages. In 2011, he moved to Brazil to found bomnegócio.com and scaled the business to 17 million unique buyers and sellers in 2014. In 2015,...

Prosus N.V. (Prosus) (AEX and JSE: PRX): On 2 March 2023, Prosus announced that the core classifieds business of OLX Group continues to deliver a strong performance through the financial year, with sustained growth and improving profitability, and is well-placed for further growth and margin expansion. Most recently, OLX Autos, the adjacent car transaction business has, similar to listed peers, been affected by ongoing macroeconomic and market challenges. Higher cost of capital, high inflation...

Prosus N.V. (AEX: PRX) has announced a solid set of results for the first half of the year. Despite a turbulent period during which industry growth expectations and valuations came under significant pressure, we have increased ecommerce revenues and continued organic investment into those segments where we see the highest growth potential. This investment is focused on building and extending our offering within core products to meet local market needs, notably within autos at OLX, convenience...

Prosus N.V. (Prosus) (AEX and JSE: PRX): Shareholders are referred to article published on 31 October 2022 by Asian Tech Press. The article claims that a CITIC-led group (a Chinese state-owned investment company) is in talks with Naspers to buy all the Tencent shares owned by the Group. The article is speculative and untrue. The Group continues with its open-ended share repurchase programme announced in June this year which is funded by the sale of small numbers of ordinary shares in Tencent...

Prosus N.V. (Prosus) (AEX and JSE: PRX): Shareholders are referred to the public statements made by Naspers Limited and Prosus (together with their subsidiaries and affiliates, the Group ) on 24 March 2022 and 20 May 2022, and in the Prosus results announcement for the year ended 31 March 2022 published on 27 June 2022, in relation to the Group's intention to exit its investment in its Russian classifieds businesses and operations (the Avito Group ), and wherein shareholders were informed that...

Prosus N.V. (Prosus) (AEX and JSE: PRX): On 31 August 2021, Prosus announced that an agreement had been reached between PayU Payments Private Limited ( PayU ), a subsidiary of Prosus, and the shareholders of the Indian digital payments provider BillDesk to acquire BillDesk for US$4.7 billion. Closing of the transaction was subject to the fulfilment of various conditions precedent, including approval by the Competition Commission of India ( CCI ). PayU secured CCI approval on 5 September 2022....

Prosus N.V. (Prosus) (AEX and JSE: PRX) The annual general meeting (AGM) of Prosus N.V. was held today. Shareholders are advised that all resolutions set out in the notice of the AGM were passed by the requisite majority of shareholders represented at the annual general meeting and adopted. We note that the issued share capital of Prosus was at record date as follows: Class of share Nominal value per share Number of votes per share Issued share capital Authorised share capital Ordinary Share N...

Prosus (Euronext Amsterdam: PRX; JSE: PRX), a global consumer internet group and one of the largest technology investors in the world, today announced it has entered into an agreement to acquire the remaining 33.3% stake in iFood, from minority shareholder Just Eat Holding Limited for €1.5bn in cash plus a contingent consideration of up to €300m. Following the transaction, Prosus and its affiliate company, Movile (a Brazilian investor in technology companies) will fully own iFood. iFood has...

La empresa de IA industrial Detect Technologies recauda USD 28 millones en financiación de serie B liderada por Prosus Ventures PR Newswire CHENNAI, India, 15 de julio de 2022 La compañía se prepara para ampliar aún más su presencia global a fin de satisfacer la creciente demanda por la automatización industrial CHENNAI, India , 15 de julio de 2022 /PRNewswire/ -- Detect Technologies , una empresa líder en SaaS basada en IA, anunció hoy que recaudó USD 28 millones en financiamiento...

L'entreprise d'IA industrielle Detect Technologies lève 28 millions de dollars dans un financement de série B mené par Prosus Ventures PR Newswire CHENNAI, Inde, 15 juillet 2022 La société s'apprête à étendre sa présence mondiale pour répondre à l'accélération de la demande d'automatisation industrielle CHENNAI , Inde , 15 juillet 2022 /PRNewswire/ -- Detect Technologies , une entreprise leader dans le domaine des SaaS basés sur l'IA, a annoncé aujourd'hui qu'elle a levé 28...

Industrielles KI-Unternehmen Detect Technologies erhält 28 Mio. $ in einer von Prosus Ventures geführten Serie B-Finanzierung PR Newswire CHENNAI, Indien, 15. Juli 2022 Das Unternehmen will seine globale Präsenz weiter ausbauen, um die steigende Nachfrage nach industrieller Automatisierung zu erfüllen CHENNAI , Indien , 15. Juli 2022 /PRNewswire/ -- Detect Technologies , ein führendes KI-basiertes SaaS-Unternehmen, gab heute bekannt, dass es 28 Mio. $ an Primär- und Sekundärfinanzierung...

Industrial AI enterprise Detect Technologies raises $28mn in Series B funding led by Prosus Ventures PR Newswire CHENNAI, India, July 15, 2022 The company gears to further expand its global footprint to fulfil the accelerating demand for industrial automation CHENNAI, India , July 15, 2022 /PRNewswire/ -- Detect Technologies , a leading AI-based SaaS enterprise, announced today that it raised $28 Mn in primary and secondary funding. Detect Technologies provides cloud-based applications to...

Industrial AI enterprise Detect Technologies raises $28mn in Series B funding led by Prosus Ventures PR Newswire CHENNAI, India, July 14, 2022 The company gears to further expand its global footprint to fulfil the accelerating demand for industrial automation CHENNAI, India , July 14, 2022 /PRNewswire/ -- Detect Technologies , a leading AI-based SaaS enterprise, announced today that it raised $28 Mn in primary and secondary funding. Detect Technologies provides cloud-based applications to...

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