Tech

Dutch e-commerce company Prosus to sell its Russian classifieds business Avito to Kismet Capital for ~$2.46B; Avito was valued at ~$6B before Russia's invasion (Toby Sterling/Reuters)




Toby Sterling / Reuters:

Dutch e-commerce company Prosus sells Russian classifieds business Avito to Kismet Capital for ~$2.46 billion; Avito was valued at ~$6 billion before the Russian invasion– Prosus (PRX.AS), a Dutch-based technology investor, said on Friday that it has agreed to sell Russian online site Avito…

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