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Tencent falls nearly 8% after the firm's largest shareholder said it plans to sell $14.6 billion of its holdings
Prosus said it plans to sell $14.6 billion of Tencent stock, but it will remain the tech giant's la…
Will Daniel
Prosus commits Rs 100 crore for PM's Covid relief fund
Prosus has invested around USD 5 billion (about Rs 37,900 crore) in Indian technology companies sin…
PTI
BlackRock reduces Byju's valuation to mere $1 billion
Byju's did not immediately comment on the latest valuation cut. This isn't the first time BlackRock…
Swiggy raises USD 113 mn from investors led by Prosus
"We have become synonymous with exceptional customer experience and created multiple growth avenue…
PTI
Logistics startup ElasticRun raises $40 million to expand to new geographies
Pune-based logistics firm ElasticRun raised $40 million from Prosus Ventures, which was formerly ca…
India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.
The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…
Shubhangi Goel
SoftBank, Naspers, and Warren Buffett's Berkshire Hathaway are cutting their iconic bets on Chinese tech stocks
Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearl…
Theron Mohamed
Swiggy appoints 3 independent directors to its Board
Swiggy on Monday announced it has appointed three independent directors to its Board - Mallika Srin…
Star Sports President Gautam Thakar appointed Global CEO of OLX Autos
Prosus-owned OLX Group on Monday said it has appointed former Star Sports President and CEO Gautam …