Naspers spin-off Prosus surges 25% on Amsterdam market debut

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Naspers spin-off Prosus surges 25% on Amsterdam market debutShares in Prosus, a spin-off from Naspers that includes the e-commerce group's 31% stake in Chinese tech giant Tencent, surged more than 25% on their stock market debut in Amsterdam on Wednesday, creating one of Europe's largest internet companies. Prosus comprises South African group Naspers' global empire of consumer internet assets, including the stake in Tencent, the world's biggest video game company and home to China's hugely popular WeChat social media platform. 'We've become so big that further growth of our company on the JSE (Johannesburg Stock Exchange) would be difficult,' Naspers CEO Bob van Dijk told reporters after the listing, which values Prosus at more than $100 billion.


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