Prosus gains $2 billion on Swiggy investment with IPO valuation

Prosus, the largest shareholder in Tencent, is poised to reap significant rewards from its investment in Indian food delivery giant Swiggy. With an anticipated $500 million gain from Swiggy's upcoming IPO, Prosus showcases its strategic investments beyond Tencent.

Nov 13, 2024 - 10:00

Prosus gains $2 billion on Swiggy investment with IPO valuation

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Prosus, the largest shareholder in Tencent, is poised to reap significant rewards from its investment in Indian food delivery giant Swiggy. With an anticipated $500 million gain from Swiggy's upcoming IPO, Prosus showcases its strategic investments beyond Tencent.