Prosus buys Latin America's top online travel agency, Despegar, for $1.7 billion.
Prosus, a global technology company, is acquiring Latin America's leading online travel agency, Despegar, for $1.7 billion. The deal, expected to close in the second quarter of 2025, will expand Prosus's presence in Latin America's e-commerce, travel, and fintech sectors. Despegar currently operates in over 19 Latin American markets. Prosus plans to leverage its extensive consumer ecosystem to enhance Despegar's platform and introduce new services.
3 months ago
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