Prosus profit more than doubles on e-commerce growth and rising Tencent stake value
Dutch tech investment company Prosus NV reported that its profit more than doubled in the last fiscal year, surpassing analyst expectations. The strong results were driven by growth across its e-commerce portfolio and an increase in the value of its stake in Chinese tech giant Tencent Holdings. Prosus continues to pursue its strategy of investing in technology firms across global emerging markets.
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