Prosus says Bye-ju's 👋🏼

Prosus just released their annual report - was checking it out and saw that they've written off 100% of their Byju's stake

For the unaware, they're Byju's largest share holder with ~10% of the business - their stake was last valued at 2 billion.

They're writing off TWO BILLION - let that sink in!

Also they've marked down their stake in pharmeasy by 35% 🤔