Thursday
January 9
2025

Prosus Acquires Latin American Online Travel Platform Despegar for $1.7 Billion

Dutch multinational company Prosus has announced its acquisition of Despegar, a leading online travel agency in Latin America, for $1.7 billion. The deal is expected to be completed in the second quarter of 2025 and aims to strengthen Prosus’s position in the growing Latin American travel market while accelerating its global expansion strategy.

Photo courtesy of Highways England.

Source: Equal Ocean (link opens in a new window)

Categories
Technology
Tags
business development, tourism