Tag: Naspers
Prosus acquires Indian payments giant BillDesk for $4.7B, will merge with its PayU fintech group
More major consolidation underway in the world of payments: Prosus — the Dutch tech giant that bundles together Naspers’ fintech, e-commerce and other international investments and businesses outside of South Africa (including a big stake in Tencent) — today announced that it would pay $4.7 billion to acquire BillDesk, a…
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Prosus classifieds group OLX shuts down Berlin’s Frontier Car Group to focus OLX Autos on LatAm and Asia
Cazoo is picking up significant capital today by teaming up with a SPAC in the U.S. at a $7 billion valuation, but it’s the end of the line for another big European name in used-car sales. TechCrunch has learned and confirmed that Berlin-based Frontier Car Group, which builds used-car marketplaces…
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JustEat Takeaway $7.6B merger approved, pair pick up $756M in new funding
On the heels of Amazon getting approval from the competition authority to proceed with an investment leading a $575 million round for food delivery startup Deliveroo in the UK, two of Deliveroo’s biggest rivals got their own £6.2 billion merger approved, and they have subsequently picked up an extra $756 million…
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India’s Spinny raises $43.7M to expand its online platform for selling used cars
Spinny, an online platform for selling used cars, has secured $43.7 million from a cohort of influential investors in a new financing round as it looks to expand to more Indian cities. The Series B financing round for the Gurgaon-based startup was led by the Fundamentum Partnership, the growth-capital fund…
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Eight years later, Codeacademy achieves what many coding schools do not: it’s cash-flow positive
Codeacademy, the New York-based online interactive platform that offers coding classes in a wide variety of programming languages, is a little like background noise; it’s been operating reliably since founder Zach Sims created the company while still a Columbia University student in 2011. It’s a brand that people know and…
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India’s Swiggy raises $113M led by Prosus
Weeks after Zomato acquired Uber’s food delivery business in India, its chief local rival is bulking up some ammunition of its own. Swiggy, India’s largest food delivery startup, announced on Wednesday it has raised $113 million as part of its Series I financing round. Prosus Ventures, the biggest venture capital…
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