✔️Prosus Eyes 2025 IPO for PayU Following Swiggy Success
Following Swiggy's successful listing, Prosus is targeting an IPO for its fintech firm PayU in 2025, with a valuation range of $5–$7 billion. PayU recently resumed merchant acquisitions after regulatory approval in India's competitive digital payments market, where it rivals Razorpay and PhonePe.
✔️Prosus Eyes 2025 IPO for PayU Following Swiggy Success
Following Swiggy's successful listing, Prosus is targeting an IPO for its fintech firm PayU in 2025, with a valuation range of $5–$7 billion. PayU recently resumed merchant acquisitions after regulatory approval in India's competitive digital payments market, where it rivals Razorpay and PhonePe.
In February 2014, the Ukrainian people ousted pro-Russian president Viktor Yanukovych, prompting Russia to invade and annex the Crimean peninsula. By the start of April, Pavel Durov had given his notice, with TechCrunch saying at the time that the CEO had resisted pressure to suppress pages criticizing the Russian government. On December 23rd, 2020, Pavel Durov posted to his channel that the company would need to start generating revenue. In early 2021, he added that any advertising on the platform would not use user data for targeting, and that it would be focused on “large one-to-many channels.” He pledged that ads would be “non-intrusive” and that most users would simply not notice any change. As the war in Ukraine rages, the messaging app Telegram has emerged as the go-to place for unfiltered live war updates for both Ukrainian refugees and increasingly isolated Russians alike. Perpetrators of such fraud use various marketing techniques to attract subscribers on their social media channels. "We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon."
from pl
