Prosus buys Despegar for $1.7B, taking a bite out of Latin America’s travel sector
- Naspers-Owned Prosus is set to acquire Despegar, a Latin American travel company, for $1.7 billion.
- The acquisition reflects Prosus's strategy to expand its presence in the Latin American market.
- Despegar is known for providing online travel services in Latin America.
- The deal highlights the growing interest in the travel sector by major investors.
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Coverage Details
Total News Sources0
Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
66% Center
L 17%
C 66%
R 17%
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