Uber agrees to buy an additional 4.5% stake in German food delivery rival Delivery Hero from Prosus for ~€270M, which would bring Uber's total stake to ~7%
German delivery group's largest shareholder Prosus has agreed to reduce its stake over EU competition concerns
German quick grocery delivery startup Flink raised $100M led by Prosus, a source says at a $900M valuation; Flink was reportedly valued at $5B in May 2022
German quick grocery delivery startup Flink raised $100M led by Prosus, a source says at a $900M valuation; Flink was reportedly valued at $5B in May 2022
Flink SE raised funds in a round that values the firm at $900 million, in a sign that the grocery delivery startup has stabilized …
Prosus signs a three-year AWS cloud and AI deal that runs into “hundreds of millions of dollars”, as it reorganizes to focus on Europe, India, and Latin America
Prosus NV reached a multi-year cloud and artificial-intelligence deal with an Amazon.com Inc. unit that will consolidate contracts …
Prosus invests ~$146M in Indian travel app ixigo for a 10.1% stake; sources say Prosus plans to buy more shares from other investors to raise its stake to 15%
Peak XV Partners will sell about 3 percent to Prosus and Elevation Capital will sell another 2 percent to Prosus …
OLX Group, an online marketplace owned by Prosus, agrees to acquire La Centrale, a French auto classifieds platform, for $1.3B in cash, expected to close in Q4
Loni Prinsloo / Bloomberg :
The EU Commission approves Prosus' €4.1B takeover of Just Eat Takeaway in a bid to create a “European tech champion” to rival DoorDash, which acquired Deliveroo
The European Commission has approved the €4.1bn takeover of Just Eat Takeaway by Prosus …
Sources: Prosus offered to cut its 27% Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its €4.1B Just Eat Takeaway deal
Foo Yun Chee / Reuters :
Rain, which offers an employer-integrated personal finance and earned wage access app, raised a $75M Series B led by Prosus at a $340M post-money valuation
Rain, a startup offering employer-integrated earned wage access (EWA) app coupled with financial-wellness features like overdraft alerts …
Prosus plans to buy Just Eat Takeaway for €20.30 per share, a 22% premium over its three-month high, in an all-cash deal valuing the delivery company at €4B+
Deal marks end to tumultuous few years for European food delivery group — Just Eat Takeaway is set to be acquired …