Introducing Prosus: A Rare European Mega-Tech Stock

BROWSER UPDATE To gain access to the full experience, please upgrade your browser:

Note: If you are running Internet Explorer 10 and above, make sure it is not in compatibility mode

Shares in an internet conglomerate that is the largest shareholder in China’s Tencent Holdings Ltd. soared Wednesday, after listing its assets under the name Prosus NV in Amsterdam—instantly creating a rare European tech giant.

Prosus, which is made up of the international internet assets of South African holding companyNaspers Ltd., gives Europe significant exposure to a fast-growing, consumer-facing tech company.

Leave a Reply

Your email address will not be published. Required fields are marked *