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Published

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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Bias Distribution

  • 67% of the sources are Center
66% Center
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