Prosus NV is acquiring online travel agency Despegar.com Corp for US$1.7bil as the Dutch technology investor seeks to expand ...

Hyatt is in talks to acquire Playa Hotels & Resorts, Despegar has agreed to a $1.7 billion buyout by Prosus, and a report ...

TD Cowen upgraded Despegar.com (DESP) to Hold from Sell with a price target of $19.50, up from $14, after Prosus, a large Dutch ...

Amsterdam-based Prosus, a global consumer internet group, on Monday, announced that it is set to acquire Despegar, a Latin American Online Travel Agency ...

Despegar.com, Corp. (NYSE:DESP – Get Free Report) was the target of unusually large options trading on Monday. Traders ...

The SPDR Select Sector Technology exchange-traded fund, which tracks the tech industry group of the S&P 500, closed near all-time highs, up about 27% for the year to date. Write to Rob Curran at ...

Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the COVID-19 pandemic ...

Nissan and Honda are planning to establish a joint holding company that will serve as the parent company for both Nissan and ...

The Amsterdam-listed investment group Prosus, which owns a $114 billion stake in Tencent, has agreed to acquire Despegar for $19.50 a share. The deal will be funded by existing cash. Write to Dean ...

The investment group, which is Tencent’s largest shareholder, aims to serve 100 million customers across local e-commerce, ...