Dutch e-commerce company Prosus to sell its Russian classifieds business Avito to Kismet Capital for ~$2.46B; Avito was valued at ~$6B before Russia’s invasion (Toby Sterling/Reuters)

Moneycontrol:
Prosus valued its 9.67% stake in Byju’s at $578M at the end of Q3 2022, implying Byju’s total value to be $5.9B; Byju’s was valued at $22B in October 2022  —  Although Prosus’ accounting entry implies that it values Byju’s at $5.9 billion, experts say that different shareholders may value a private company differently in their books.

Paul Sawers / TechCrunch:
UK-based Zen Educate, a marketplace that algorithmically matches schools with the best available teachers, raised a $21M Series A extension to fuel US expansion  —  Zen Educate, an online marketplace that algorithmically matches schools with the best available teachers, has raised £19.3 million …

Manish Singh / TechCrunch:
Amazon plans to delist large seller Appario, in which it has a stake, from its Indian marketplace in the next year, following scrutiny on some large sellers  —  Amazon plans to delist large seller Appario Retail, in which it maintains a stake, from the marketplace, the two said Monday …

Chavi Mehta / Reuters:
Intel reports Q4 revenue down 32% YoY to $14B vs. $14.46B est., with Data Center and AI down 33%, and a Q1 2023 revenue guidance below estimates; stock down 7%+  —  Chipmaker Intel Corp (INTC.O) forecast first-quarter revenue below Wall Street targets on Thursday, slammed by a worsening PC market …

Mehnaz Yasmin / Reuters:
E-commerce marketing company Rokt says it raised a secondary funding round at a $2.4B valuation, up from $1.95B in December 2021, as it prepares for an IPO  —  Tech startup Rokt said on Monday it raised its valuation to $2.4 billion in a secondary funding round led by investment firm Square Peg …

Manish Singh / TechCrunch:
Prosus Ventures terminates its deal to acquire Indian payments company BillDesk for $4.7B in cash, saying “certain conditions precedent” were unfulfilled  —  Prosus Ventures has called off the $4.7 billion merger of BillDesk it announced last year, saying “certain conditions precedent” …