Editor’s note: This is a sponsored article, which means it’s independently written by our editorial team but financially supported by another organisation, in this case, Euronext. If you would like to learn more about sponsored posts on Tech.eu, read this and contact us if you’re interested in partnering with us.
Earlier this week, the total market cap of the companies that went public in Europe saw a multi-billion boost thanks to the IPO of an internet company most consumers haven’t heard about. Prosus, a listing by Naspers, went public on September 11 on the Euronext exchange in Amsterdam.
In the first day of trading, Prosus became one of the largest listed tech companies in Europe as its market cap reached €120 billion. Although Prosus is far from a household name, it holds stakes in a number of technology