Prosus agrees the sale of Lomadee to CLSS Participações

Prosus has agreed the sale of Lomadee, an affiliate marketing specialist, to CLSS Participações, owner of Compre & Confie, a leading online trust and market intelligence company and Clear Sale, a Brazilian company focused on e-commerce-related services.   
Lomadee was previously part of Buscapé, one of the leading online comparison shopping sites in Brazil, which was sold earlier this year. Both sales are consistent with Prosus’ focus on its core businesses in the online classifieds, food delivery, and payments and fintech sectors.
Subject to regulatory approvals, the Lomadee transaction is expected to close early in January 2020.