Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch
News Source : TechCrunch

News Summary

  • Prosus, the tech conglomerate controlled by Naspers, is paying $1
  • 7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America
  • It expects the deal to close in Q2 of 2025
  • With GDP across LatAm expected to grow 2%-3% next year, Prosus wants to lean into greater economies of scale in the region
Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the Covid19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 bill [+3264 chars]

Must read Articles

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Netflix (NASDAQNFLX) Stock Price Up 1% Heres What Happened

News Source : By MarketBeat News from ETF Daily News

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Hudson Joseph Meek cause of death How did Baby Driver actor die aged just 16?

News Source : By marca.com from Marca

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

These 5 trends will steer retail in 2025

News Source : By Lauren Edmonds from Business Insider

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Grrl Power #1316 Gesnewsheit

News Source : By DaveB from Grrlpowercomic.com

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Squid Games Prize Money How Much 45.6 Billion Won Is In USD

News Source : By Dhruv Sharma from Screen Rant

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

ADWEEK Reporters Share Their Favorite Stories of 2024

News Source : By Eva Kis from Adweek

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Backyard Patio Cover Designs

News Source : By A Blissful Nest from Ablissfulnest.com

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

The Year in Weather The Weather Channel and Fox Weather Enjoyed Significant Viewership Spikes

News Source : By Mark Mwachiro from Adweek

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

JuJu Watkins and how being from Los Angeles may hurt her in her goal to surpass Caitlin Clark

News Source : By marca.com from Marca

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Russia arrests 4 suspects accused of plotting to kill top military officers on Ukraines orders

News Source : By Associated Press from Yahoo Entertainment

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Rocky Mount looks to the future with property purchases

News Source : By JASON DUNOVANT The Roanoke Times from Roanoke Times

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

The Acolytes Manny Jacinto on How Many Seasons Were Planned Before It Got Canceled

News Source : By Evolve Editors from ComingSoon.net

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

AP Dhillon Criticizes Concert SellOuts as Marketing Stunt Amid Feud with Diljit Dosanjh

News Source : By Naveen Tilani from Channel6network.com

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Bogus Pirate IPTV Portals Run By Law Enforcement Entrap Hundreds

News Source : By Andy Maxwell from Torrentfreak.com

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Top stories of 2024 Richmond restaurants deal with huge meals tax bills

News Source : By EM HOLTER Richmond Times-Dispatch from Richmond.com

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

How do You make a snow golem?

News Source : By LSW Team from Lifesciencesworld.com

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

HOUSEUKSOLARDONEW YEARS PARTYDJ DARUMA&JOMMY(PKCZ(R))

News Source : By from Prtimes.jp

News image for article Prosus buys Despegar for $1.7B, taking a bite out of Latin Americas travel sector | TechCrunch

Principal Financial Group Inc. Increases Stock Holdings in Warner Bros. Discovery, Inc. (NASDAQWBD)

News Source : By MarketBeat News from ETF Daily News