Prosus NV reported on Monday that trading profit rose 8% to $2.9 billion for the first half of its fiscal year 2022 as its portfolio of investments in educational technology and food delivery companies grew revenues rapidly.
reported on Monday that trading profit rose 8% to $2.9 billion for the first half of its fiscal year 2022 as its portfolio of investments in educational technology and food delivery companies grew revenues rapidly.On Nov. 16, Prosus had said core profits would be up 5% to 12% on a per-share basis for the six months that ended on Sept. 30.Prosus said in a news release its "e-commerce portfolio" had grown revenues by 53% to $4.
"E-commerce" comprises a group of businesses that Prosus owns in classified advertising, food delivery, educational technology and fintech and payments. “In the first half of the year, our internet businesses delivered solid growth compounding a strong performance for the same period last year," CEO Bob van Dijk said in a statement.
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