Losing out on yet another large deal may be a sign that Prosus should consider unbundling its classifieds or food delivery business, according to fund managers.

On Tuesday, Silicon Valley e-commerce giant eBay said it had agreed to sell its online classifieds business to Adevinta for $9.2bn (about R150bn), ending one of the largest auctions of the year...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now