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IPO Prosus
11/09/2019
Bob van Dijk, Group CEO of Naspers, opens trading in Prosus, the global consumer internet group and one of the largest technology investors in the world.
Prosus will comprise all internet interests outside of South Africa formerly held by Naspers, the South African internet and media group. Prosus has holdings in Tencent, the Chinese internet-based technology and cultural enterprise, the Russian internet business Mail.ru Group, payment technology company PayU, OLX, the global online marketplace, as well as food delivery services iFood (Brazil), Delivery Hero (Germany) and Swiggy (India). Naspers will keep a 73% stake in Prosus and publicly list the remaining shares.