Prosus Leads €480 Million Investment in French Health Tech Startup Alan
Prosus leads a €480 million investment in French health tech startup Alan.
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Prosus leads a €480 million investment in French health tech startup Alan.
Uber's pursuit of Delivery Hero is reportedly facing a challenge from investment group Prosus, which has held talks with other shareholders to strengthen its bargaining position.
Delivery Hero's shares experienced a significant jump following the announcement that Prosus agreed to sell its stake in the company for $395 million.
Prosus announced its intention to offload a 4.5% stake in Delivery Hero to Uber for €270 million.
Prosus is reportedly considering the sale of a 10% stake in Delivery Hero to Aspex, according to Bloomberg News.
Tech investor Prosus has reported a rise in revenue, attributing the growth to strong performance across its diverse business portfolio and its stake in Tencent.

Uber Eats is reportedly planning a new offer for German food delivery giant Delivery Hero, intensifying competition in the sector, with DoorDash and Prosus also showing interest.
Prosus is in the process of selling a portion of its stake in Delivery Hero, with the buyer reportedly having specific opinions on the transaction.
Uber has expanded its stake in the food delivery company Delivery Hero, while Prosus has simultaneously trimmed its holdings in the same company.

Romanian female entrepreneurs can apply for grants totaling €100,000 for their startups through the Prosus Found-HER Challenge Romania program, with online registrations currently open.

Romanian entrepreneur Iulian Stanciu has sold his remaining shares in e-commerce giant eMAG to Prosus, the company's majority shareholder, marking his exit from the 2.2 billion euro company.

The European Union is reportedly planning a significant fine against Google, while also addressing issues such as agricultural subsidy fraud, reviewing free trade agreements, and discussing responses to industrial policies and migration challenges.
Prosus has completed the sale of a 5% stake in the food delivery company Delivery Hero to Aspex Management for approximately $394 million. This transaction represents a significant divestment for the global investment group.

Uber has increased its stake in the food delivery company Delivery Hero by acquiring a 4.5% share from Prosus for $318 million. This deal strengthens Uber's position in the market.