FILE PHOTO: Prosus' logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration
AMSTERDAM (Reuters) -Dutch technology investor Prosus NV said on Friday it would cut ties with its Russian online marketplace Avito, and would not seek to benefit economically from its ownership of the business.
Avito was one of Prosus's most valuable investments until Russia's invasion of Ukraine on Feb. 24, with an estimated valuation of around $6 billion.
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