News Formal

Prosus Writes Off Investment in Indian Edtech Startup Byju’s

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Prosus NV has written off its entire investment in Byju’s, underscoring the significant drop in valuations and turmoil at the Indian online tutoring firm that was once valued at $22 billion.

Prosus Writes Off Investment in Indian Edtech Startup Byju’sChinese Zara Rival Urban Revivo Is Said to Weigh Hong Kong IPOApple Adds Alibaba, JD to List of Vision Pro Apps for ChinaTiger Woods, McIlroy-Backed TMRW Sports Valued at $500 Million in Funding RoundByteDance, Broadcom Explore AI Chip TSMC Will Make, Reuters SaysSouth Africa Agribusiness Confidence at 15-Year Low on DroughtWhy Nevada Is the Most Unpredictable Swing State in the 2024 ElectionSaudi Arabia Says More Than 1,300 Hajj...

3 Billion for Free Meals to Keep Deficit CapAntisemitism Surge Makes Biden-Trump ‘Binary’ Vote, Emhoff SaysMore Polls Show France’s National Rally Forging Ahead of MacronProsus Writes Off Investment in Indian Edtech Startup Byju’sApple Adds Alibaba, JD to List of Vision Pro Apps for ChinaApple, Meta Have Held Talks for an AI Partnership, WSJ ReportsTencent’s New Game Doubles ‘Honor of Kings’ Sales in First MonthAsian Stocks Set to Slip Into CPI, Election Week: Markets WrapChinese Automakers...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Prosus Swings Its E-Commerce Business Into First-Ever ProfitProsus NV and its Cape Town-based parent Naspers Ltd. swung their e-commerce business into profit for the first time ever as new Chief Executive Officer Fabricio Bloisi prepares to take the reins in July.
Source: BNNBloomberg - 🏆 83. / 50 Read more »