Prosus reported a first-half revenue because the know-how investor with greater than two billion clients worldwide offered stakes in on-line companies in China and South Africa.
Group adjusted earnings earlier than curiosity and taxes totalled US$60-million within the six months to 30 September 2024 from a loss a 12 months earlier, the Amsterdam-based firm mentioned in an announcement on Monday.
In September, it offered stakes in China’s Journey.com and South African on-line vogue retailer Superbalist. The agency additionally has an settlement to promote its Romanian meals supply firm, Tazz.
The Euronext-listed know-how agency, value over $100-billion, is in search of corporations to leverage its attain and use AI to harness the following stage of e-commerce, CEO Fabricio Bloisi mentioned final month.
Prosus was spun out from Cape City-headquartered Naspers, one of many greatest know-how buyers globally, and listed in Amsterdam about 5 years in the past.
Bloisi oversees each corporations and is grappling with the legacy of a sophisticated enterprise construction that stumped his predecessor. — (c) 2024 Bloomberg LP
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