July 5, 2022

News of the Trade

Latest trading, investing, and financial news

Dutch e-commerce company Prosus says it is exiting Russia and is looking to sell Avito, its classifieds ads business in the country valued at an estimated $6B (Loni Prinsloo/Bloomberg)

Loni Prinsloo / Bloomberg:
Dutch e-commerce company Prosus says it is exiting Russia and is looking to sell Avito, its classifieds ads business in the country valued at an estimated $6B  —  Prosus NV is looking to sell its Russian classifieds ads business Avito, the latest international company to dispose of assets …