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Prosus and Naspers CEO Fabricio Bloisi Prosus is acquiring online travel agency Despegar.com for US$1.7-billion (R32-billion) as the Dutch technology investor seeks to expand its online commerce presence in Latin America. Despegar’s board approved the offer of $19.50/share, a 33% premium to the closing price on 20 December, Prosus said in a statement on Monday. […]
Naspers and its European-listed subsidiary Prosus are taking advantage of group-wide synergies to advance the use of AI, with Brazilian online food delivery platform iFood and online classifieds platform OLX taking the lead. According to Euro Beinat, head of artificial intelligence at Prosus, AI advancements made by one company in Prosus are shared with others […]