Prosus Makes Its Big Move With Tencent Sale: 4 Things It Can Do With Its Billions

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By Victor in Business
Updated 3 years ago

One of the more intriguing international stocks is Prosus (OTC:PROSY), the European technology holding company spun out of South African media giant Naspers (OTC:NPSNY) in 2019. Best known for its famous investment in Tencent (OTC:TCEHY) back in 2001, Naspers/Prosus still retains a huge stake in the internet giant, making Naspers the biggest company in South Africa by a wide margin, and prompting the spinout of Prosus to European exchanges.

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