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Detailed stories on technology startups, business and economic current affairs.
This is the third time Prosus has marked down its valuation of the beleaguered edtech firm within a year.

Government subsidies have drawn companies into basic chip packaging, where China and Malaysia already hold an edge. Moving up the value chain may prove to be a stiff task.
2026 is on track to be the second-highest year ever for dealmaking in the MENA region.
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.