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Dutch technology investor Prosus is not planning to list Indian digital payments and lending firm PayU this year, with the focus on improving the business over the next six to 12 months, its chief financial officer said on Monday.
Prosus is "very confident" of securing early EU antitrust approval for its 4.1-billion-euro ($4.72 billion) acquisition of Just Eat Takeaway.com , the Dutch technology investor said on Monday.
Dutch technology investor Prosus on Monday reported full-year core headline earnings of $7.4 billion, up 47% year-on-year and exceeding its financial targets, bolstered by its expansion in lifestyle e-commerce.
AMSTERDAM & JOHANNESBURG--(BUSINESS WIRE)--Prosus N.V. (Prosus) (AEX and JSE: PRX) delivered a strong performance during a transformative year. We have exceeded our profitability targets, as we build the leading lifestyle ecommerce company in Latin America, Europe and India, driven by AI and innovation. Ecommerce revenue growth of 21%, to US$6.2bn. Adjusted EBIT increased twelve times to US$443m, ahead of guidance. iFood aEBIT grew 178%, OLX aEBIT up 61% and eMAG achieved profitability. Free ca.
PROSY, EVR, VEEV, BAESY and SSUMY have been added to the Zacks Rank #1 (Strong Buy) List on June 11, 2025.
Here is how Prosus N.V. Sponsored ADR (PROSY) and BJ's Restaurants (BJRI) have performed compared to their sector so far this year.
PALO ALTO, Calif.--(BUSINESS WIRE)-- #AIDataCloud--Deccan AI, a fast growing startup that specializes in pristine data for AI model training and evals, has raised funding from Prosus Ventures.
A takeover offer for Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) has been confirmed by South African tech group Prosus, which plans to merge the European group with its Brazil-based iFood business. An €20.30 per share cash offer has been recommended by the JET management board and supervisory board.
Prosus CEO Fabricio Bloisi explains how the company is using M&A in its ambition to become the biggest tech lifestyle company outside the US and Asia. Bloisi joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.
Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to exceed its guidance and reach $435 million this fiscal year, Chief Executive Fabricio Bloisi said on Thursday.