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Prosus to Boost E-Commerce Profit to $400 Million
Prosus to Boost E-Commerce Profit to $400 Million for 2025 Year
Prosus NV plans to deliver $400 million in adjusted earnings before interest and tax from its e-commerce operations in the year to end-March, and sees this improving in future, Chief Executive Officer Fabricio Bloisi said.
Prosus expects e-commerce profit to jump in 2025, more IPOs in India
Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year and expects more of its Indian businesses to list following Swiggy's IPO,
Prosus CEO eyes massive e-commerce profits in 2025
Bloisi said that in April-September, the first half of its 2025 fiscal year, Prosus's global e-commerce business generated about three times the adjusted earnings before interest and taxes (EBIT) than it did in the whole of last year, reflecting on his 100 days at the helm of the Dutch-listed company.
Prosus eyes more IPOs in India portfolio
MUMBAI: Even after its failed bet on Byju's, which was once India's most valued startup, Dutch technology investor Prosus remains bullish on the country's market.The company will continue to invest in India and remains excited about the country's prospects,
Prosus targets $400 mn e-commerce profit in 2025, more IPOs in India
Prosus, majority-owned by South Africa's Naspers, is a major shareholder in Indian food delivery firm Swiggy, which is preparing for what could be one of India's biggest IPOs this year
1d
Prosus to Push AI in E-Commerce as Part of Double Value Plan
Dutch e-commerce investor Prosus NV plans to invest in artificial intelligence across its businesses, Chief Executive Officer ...
23h
Prosus Finalizes Shareholder Distributions Amid Tax Implications
Prosus (PROSF) has released an update. Prosus N.V. has finalized its distribution plan, offering a capital repayment of 10 euro cents per share ...
1d
on MSN
Prosus CEO reports strong growth in first 100 days, much greater AI integration and an IPO for Swiggy in India
Prosus CEO Fabricio Bloisi's 100-day update reveals accelerated revenue growth and increased profitability, driven by AI ...
Dataquest
9h
Indian Startups to Benefit from IPO Boom: Booming Tech Ecosystem
Prosus is a multinational technology company that operates in India and other areas. It has contributed to expanding the ...
9h
Kepler Capital Sticks to Their Buy Rating for Prosus (PROSF)
In a report released on October 21, Robert Vink CFA from Kepler Capital maintained a Buy rating on Prosus (PROSF – Research Report), ...
DutchNews.NL
2d
Voluntary Announcement: Letter From Fabricio Bloisi, Chief Executive, Prosus, on His First 100 Days
A letter from Fabricio Bloisi, chief executive, Prosus, on his first 100 days can be found on the company’s website, The ...
1d
US Will Push for More Chip Measures, ASML CEO Says at Bloomberg Tech Summit
We own 25% of Tencent, it’s the company with the highest number Internet patents in the world. But we are also investing a ...
1d
Prosus to Boost E-Commerce Profit to $400 Million for 2025
Prosus NV’s new Chief Executive Officer Fabricio Bloisi said adjusted profit at the company’s e-commerce division is expected ...
3d
on MSN
Upcoming IPO: Swiggy targets $12 billion ahead of IPO, company eyes November launch
The IPO will feature a fresh issue of ₹3,750 crore and an offer for sale (OFS) of up to 182.3 million shares, according to ...
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India
Swiggy
Initial public offering
Naspers
Fabricio Bloisi
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