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
  • The deal will see Prosus buy one of the biggest online travel agencies in Latin America
  • Prosus already owns food delivery platform iFood and Sympla, Latin America’s answer to Ticketmaster
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]

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