Reported about 15 hours ago
Dutch technology investor Prosus has reported a 47% rise in full-year core earnings, reaching $7.4 billion, surpassing expectations due to its growth in food delivery and e-commerce. This marks a strategic shift from being purely an investment group to actively engaging in tech services. Prosus has secured most approvals for its acquisition of Just Eat Takeaway to strengthen its position in Europe and has reported a positive free cash flow for the first time.
Source: YAHOO