Bloomberg Law
June 3, 2021, 5:55 AM

Prosus to Buy Tech Firm Stack Overflow for $1.8 Billion (1)

Loni Prinsloo
Loni Prinsloo
Bloomberg News

Prosus NV agreed to buy technology knowledge-sharing platform Stack Overflow for $1.8 billion, adding a further online-learning business to the Dutch e-commerce giant’s growing portfolio.

The company, which has also invested in U.S. education firms Brainly and Udemy, sees technology training as “the largest and fastest growing segment of corporate learning and development,” it said in a statement Wednesday. Stack Overflow, a question and answer website, has more than 100 million visitors every month.

“With this new deal, our total investment in the sector is north of $3 billion,” Larry Illg, Prosus’s head of its Ventures division said in ...

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