Prosus will score an exit today when data analytics platform developer Similarweb floats in the US following $240m in earlier funding.
Israel-headquartered customer data software provider Similarweb is going public today in a $176m initial public offering representing an exit for Prosus, the internet group formed by e-commerce and media company Naspers.
The company priced 8 million shares at $22.00 each, above the IPO’s $19 to $21 range, and it will float on the New York Stock Exchange later today at a valuation of nearly $1.68bn. It is issuing 7.5 million of the shares while co-founder and CEO Or Offer is…