Meesho

Exito DevOps Summit: India

Retrieved on: 
Thursday, December 8, 2022

BENGALURU, INDIA, Dec 8, 2022 - (ACN Newswire) - Exito DevOps summit is where the greatest minds meet.

Key Points: 
  • BENGALURU, INDIA, Dec 8, 2022 - (ACN Newswire) - Exito DevOps summit is where the greatest minds meet.
  • The summit provides the DevOps community and professionals with an opportunity to dive into the latest innovations and practices.
  • Whatever your requirement, the Exito DevOps Summit has you covered.
  • Exito DevOps summit brings together practitioners accelerating the delivery of reliable, secure software applications.

Prosus N.V.: Press Related to TENCENT

Retrieved on: 
Tuesday, November 1, 2022

Prosus N.V. (Prosus) (AEX and JSE: PRX): Shareholders are referred to article published on 31 October 2022 by Asian Tech Press.

Key Points: 
  • Prosus N.V. (Prosus) (AEX and JSE: PRX): Shareholders are referred to article published on 31 October 2022 by Asian Tech Press.
  • The Group continues with its open-ended share repurchase programme announced in June this year which is funded by the sale of small numbers of ordinary shares in Tencent Holdings Limited (Tencent) held by the Group (Tencent Shares) regularly and in an orderly manner.
  • Prosus is a global consumer internet group and one of the largest technology investors in the world.
  • Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.

Prosus N.V.: Termination of Agreement to Acquire BillDesk

Retrieved on: 
Monday, October 3, 2022

Prosus N.V. (Prosus) (AEX and JSE: PRX): On 31 August 2021, Prosus announced that an agreement had been reached between PayU Payments Private Limited (PayU), a subsidiary of Prosus, and the shareholders of the Indian digital payments provider BillDesk to acquire BillDesk for US$4.7 billion.

Key Points: 
  • Prosus N.V. (Prosus) (AEX and JSE: PRX): On 31 August 2021, Prosus announced that an agreement had been reached between PayU Payments Private Limited (PayU), a subsidiary of Prosus, and the shareholders of the Indian digital payments provider BillDesk to acquire BillDesk for US$4.7 billion.
  • Prosus has been a long-term investor and operator in India - investing close to US$6 billion in Indian technology companies since 2005.
  • Prosus remains committed to the Indian market and growing its existing businesses within the region.
  • Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.

Prosus to acquire remaining stake in iFood from Just Eat

Retrieved on: 
Friday, August 19, 2022

Following the transaction, Prosus and its affiliate company, Movile (a Brazilian investor in technology companies) will fully own iFood.

Key Points: 
  • Following the transaction, Prosus and its affiliate company, Movile (a Brazilian investor in technology companies) will fully own iFood.
  • iFood has performed exceptionally well since Prosus first invested in the business through Movile, founded by Fabricio Bloisi, in 2013.
  • Today, iFood is a leading platform business which includes food delivery, grocery, quick commerce, and fintech.
  • We first invested in iFood nearly a decade ago and during this time Fabricio and team have built a world-class food delivery business.

data.ai Q2 2022 Regional Pulse Index Reveals Users in 13 Countries Spend More Than Four Hours a Day on Apps

Retrieved on: 
Thursday, August 4, 2022

SAN FRANCISCO, Aug. 4, 2022 /PRNewswire/ -- data.ai (formerly App Annie), the first unified data AI company, today released its Q2 2022 Regional Pulse Index which shows that consumer appetite for mobile content is continuing to increase worldwide.

Key Points: 
  • SAN FRANCISCO, Aug. 4, 2022 /PRNewswire/ -- data.ai (formerly App Annie), the first unified data AI company, today released its Q2 2022 Regional Pulse Index which shows that consumer appetite for mobile content is continuing to increase worldwide.
  • The Index revealed that users in the top two markets Indonesia and Singapore now spend nearly 6 hours a day on mobile, and users in 11 additional regions (Brazil, Mexico, Australia, India, Japan, South Korea, Canada, Russia, Turkey, US, UK) now average more than 4 hours per day.
  • India's online shopping site, Meesho , jumps into the top 10, reflecting the rise of the country's mobile commerce sector.
  • "These numbers from our Q2 Regional Index show that, despite the physical world having opened up again, mobile apps continue to reign in consumer attention, reaching new highs in many markets as habits deepen."

data.ai Q2 2022 Regional Pulse Index Reveals Users in 13 Countries Spend More Than Four Hours a Day on Apps

Retrieved on: 
Thursday, August 4, 2022

SAN FRANCISCO, Aug. 4, 2022 /PRNewswire/ -- data.ai (formerly App Annie), the first unified data AI company, today released its Q2 2022 Regional Pulse Index which shows that consumer appetite for mobile content is continuing to increase worldwide.

Key Points: 
  • SAN FRANCISCO, Aug. 4, 2022 /PRNewswire/ -- data.ai (formerly App Annie), the first unified data AI company, today released its Q2 2022 Regional Pulse Index which shows that consumer appetite for mobile content is continuing to increase worldwide.
  • The Index revealed that users in the top two markets Indonesia and Singapore now spend nearly 6 hours a day on mobile, and users in 11 additional regions (Brazil, Mexico, Australia, India, Japan, South Korea, Canada, Russia, Turkey, US, UK) now average more than 4 hours per day.
  • India's online shopping site, Meesho , jumps into the top 10, reflecting the rise of the country's mobile commerce sector.
  • "These numbers from our Q2 Regional Index show that, despite the physical world having opened up again, mobile apps continue to reign in consumer attention, reaching new highs in many markets as habits deepen."

The D2C Market has expanded steadily, driven by rising Internet and smartphone penetration, an expanding population, and the expansion of online retailers and payment methods: Ken Analysis: Ken Research

Retrieved on: 
Friday, July 22, 2022

The market growth was supported by the increase in total smartphone penetration, growth in online shoppers and rise in youth population.

Key Points: 
  • The market growth was supported by the increase in total smartphone penetration, growth in online shoppers and rise in youth population.
  • The market is currently placed in the growth stage owing to the increasing penetration of online retail sales during 2019.
  • The competition in Taiwan online retail market has increased over the years leading to the increasing number of online retail websites in Taiwan.
  • The online retail market in Taiwan is expected to witness a single-digit growth rate in the forecast period 2018-2023E.

The D2C Market has expanded steadily, driven by rising Internet and smartphone penetration, an expanding population, and the expansion of online retailers and payment methods: Ken Analysis: Ken Research

Retrieved on: 
Friday, July 22, 2022

The market growth was supported by the increase in total smartphone penetration, growth in online shoppers and rise in youth population.

Key Points: 
  • The market growth was supported by the increase in total smartphone penetration, growth in online shoppers and rise in youth population.
  • The market is currently placed in the growth stage owing to the increasing penetration of online retail sales during 2019.
  • The competition in Taiwan online retail market has increased over the years leading to the increasing number of online retail websites in Taiwan.
  • The online retail market in Taiwan is expected to witness a single-digit growth rate in the forecast period 2018-2023E.

Prosus delivers strong revenue growth with profitable core operations; announces open-ended share repurchase programme

Retrieved on: 
Monday, June 27, 2022

This performance was led by 93% growth in Classifieds, 77% growth in Food Delivery, 55% growth in Edtech and 45% growth in Payments & Fintech.

Key Points: 
  • This performance was led by 93% growth in Classifieds, 77% growth in Food Delivery, 55% growth in Edtech and 45% growth in Payments & Fintech.
  • Classifieds, as well as core payments, remain profitable, with trading profit of profitable ecommerce businesses increasing 17% to US$493m.
  • With strong operational execution, good consumer traction, and improving profitability in core operations, the Group increased investment to pursue opportunities for each segment.
  • A detailed breakdown of the Net Asset Value of the Prosus portfolio, based on market consensus estimates, is on the Prosus website here .

Prosus: Disposal of JD.com Shares Received From Tencent Holdings Limited

Retrieved on: 
Monday, June 27, 2022

Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.

Key Points: 
  • Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.
  • The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors in markets including India and Brazil.
  • Prosus actively seeks new opportunities to partner with exceptional entrepreneurs using technology to improve peoples everyday lives.
  • For listed companies where we have an interest, please see: Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, Sinch, and SimilarWeb.