Prosus reportedly sells its nearly R13 billion stake in China's Trip.com

Internet investor Prosus fully exits Trip.com stake in US$743 million block trade

The sale comes a month after Walmart sold its its its US$3.6 billion stake in Chinese e-commerce company JD.com after an eight-year partnership.

Prosus reportedly sells its nearly R13 billion stake in China's Trip.com

Prosus has fully cut its stake in Chinese online travel agency company Trip.com in a $743 million (R12.8 billion) block trade, according to people familiar with the matter, becoming the latest international investor to exit a Chinese tech company.

Prosus sells entire stake in China’s Trip.com

INTERNET investing company Prosus has sold its entire stake in online travel agency Trip.com in a US$743 million block trade, sources said, becoming the latest international investor to exit a Chinese tech company.