Prosus Looking To Double Down On Urban Company Via Secondary Deal

Prosus, a global consumer internet group, is looking to increase its investment in Urban Company through a secondary deal. This move signals confidence in Urban Company’s business model, which focuses on home services. By doubling down on this investment, Prosus aims to support Urban Company’s growth trajectory in the competitive home services market. The funding is expected to help Urban Company expand its service offerings and improve operational efficiencies. This strategic investment highlights the growing interest from major players in the home services sector, as the demand for reliable and efficient home solutions continues to rise in urban areas.