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Prosus N.V. (PROSY)

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14.03+0.25 (+1.81%)
At close: 03:59PM EDT
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  • Business Wire

    Prosus Focuses Classifieds Operations on Its Attractive Core Business

    AMSTERDAM, March 02, 2023--Prosus N.V. (Prosus) (AEX and JSE: PRX): On 2 March 2023, Prosus announced that the core classifieds business of OLX Group continues to deliver a strong performance through the financial year, with sustained growth and improving profitability, and is well-placed for further growth and margin expansion. Most recently, OLX Autos, the adjacent car transaction business has, similar to listed peers, been affected by ongoing macroeconomic and market challenges. Higher cost o

  • Bloomberg

    Prosus to Cut 30% of Corporate Staff in Latest Tech Layoffs

    (Bloomberg) -- Amsterdam-listed Prosus NV and its parent Naspers Ltd. are planning to cut their corporate workforce by 30%, becoming the latest global tech company to announce layoffs. Most Read from BloombergWall Street Is Losing Out to Amateur Buyers in the Housing SlumpTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointThe 'Big Shift' That's Finally Causing Rents to FallAdani Rout Hits $68 Billion as Figh

  • Motley Fool

    Invest Like Warren Buffett: Buy These 3 Stocks for the Next Bull Market

    In times of distress, purchase quality companies at a value and plan to hold for the ultra-long term.