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Prosus, which holds Naspers' Swiggy stake, valued at $138bn on listing
short by Krishna Veera Vanamali / on Wednesday, 11 September, 2019
Prosus, which comprises South African group Naspers' global internet assets, surged as much as 32% on its first day of listing in Amsterdam to value the business at about $138 billion. The Naspers spin-off owns a $131 billion stake in Tencent, as well as investments in India's Swiggy, Byju's and Meesho. Naspers is retaining a controlling 75% stake in Prosus.
read more at Reuters