{"id":825842,"date":"2024-06-25T10:28:14","date_gmt":"2024-06-25T04:58:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=825842"},"modified":"2024-06-25T10:53:31","modified_gmt":"2024-06-25T05:23:31","slug":"prosus-does-not-reveal-its-cards-on-swiggy-stake","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/25\/prosus-does-not-reveal-its-cards-on-swiggy-stake\/","title":{"rendered":"Prosus does not reveal its cards on Swiggy stake"},"content":{"rendered":"<p>Technology investor Prosus in a post-earnings call on Monday, declined to reveal whether it plans to sell a part of its 32.6% stake in food tech unicorn Swiggy\u2019s $1.2-billion initial public offering (IPO). <\/p>\n<p>\u201cSwiggy is an important part of our portfolio and we are a big believer in Swiggy. We can\u2019t comment on if we are going to sell in the IPO or not. We really like the business and we hope we can help the business\u2019 performance,\u201d a senior executive of Prosus said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technology investor Prosus in a post-earnings call on Monday, declined to reveal whether it plans to sell a part of its 32.6% stake in food tech unicorn Swiggy\u2019s $1.2-billion initial public offering (IPO). \u201cSwiggy is an important part of our portfolio and we are a big believer in Swiggy. We can\u2019t comment on if we are going to sell in the IPO or not. We really like the business and we hope we can help the business\u2019 performance,\u201d a senior executive of Prosus said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-825842","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/825842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=825842"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/825842\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=825842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=825842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=825842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}