Prosus shifts focus to existing businesses

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Loans Loans Headlines News

Technology investment group Prosus, owned by Naspers, has put a pause on large acquisitions as valuations have become high due to increasing interest rates and will focus on investing in its existing loss-making digital businesses to make them profitable.

03 July 2022 - 00:01Technology investment group Prosus, owned by Naspers, has paused making major acquisitions because of rising valuations and will focus on investing in its existing loss-making digital

businesses to try to make them profitable...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met BernardMason07 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks BernardMason07

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in LOANS

Loans Loans Latest News, Loans Loans Headlines