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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 31.62 EUR | +2.65% |
|
+10.81% | +17.19% |
| Apr. 23 | Prosus-backed PayU gets India cenbank nod to operate as payment aggregator | RE |
| Apr. 05 | PROSUS : JP Morgan gives a Buy rating | ZD |
MUMBAI, Nov 29 (Reuters) - Prosus NV, an investor in once-hot Indian education firm Byju's said on Wednesday it is valuing the firm at under $3 billion, 86% less than its peak valuation of $22 billion last year, as the company has struggled with governance and cash flow problems.
The disclosure, made by interim CEO Ervin Tu during Prosus earnings call, is Byju's latest and most significant valuation cut. (Reporting by M. Sriram and Aditya Kalra; Editing by Jacqueline Wong)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 3,625 ZAR | +1.38% | +11.27% | 32.51B | ||
| 2,686 PTS | +0.86% | +0.34% | - | ||
| 31.62 EUR | +2.65% | +10.81% | 83.87B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +17.19% | 83.87B | |
| +18.66% | 414B | |
| +15.27% | 242B | |
| +12.15% | 144B | |
| +20.63% | 104B | |
| +54.11% | 57.64B | |
| +33.59% | 53.37B | |
| +6.02% | 37.83B | |
| +15.88% | 32.51B | |
| -8.32% | 23.18B |
PROSUS N.V. 
