Prosus said it struck a $1.8 billion deal to acquire Stack
Overflow, an online community for software developers, in a bet on
growing demand for online tech learning. […]
Prosus, one of Europe’s most valuable tech companies, is best
known as the largest shareholder in Chinese internet and
videogaming giant Tencent Holdings Ltd. Listed in Amsterdam,
Prosus signaled its appetite for deal making when it sold a small
portion of its equity stake in Tencent in April for $14.6 billion.
The Stack Overflow deal ranks among Prosus’s biggest acquisitions.