Prosus is set to pocket about €2.1-billion from the sale of its remaining stake in Delivery Hero to Uber.
Browsing: Naspers
New DHL research shows sub-Saharan Africa embracing AI shopping tools as local retailers eye global expansion.
The combined market value Naspers and Prosus CEO Fabricio Bloisi must double to earn the award has slipped over the year.
Naspers subsidiary Prosus has reported its consumer platforms as profitable across all regions for the first time.
Even after stronger revenue and margins at Takealot, the Naspers board declined to reverse a R5.9-billion impairment.
Naspers and its European spin-off, Prosus, expect full-year core headline earnings to jump by up to 28%.
Naspers’s Prosus is slashing the Brazilian business’s profit forecast to defend it from well-funded competitive rivals.
Prosus is selling a 5% Delivery Hero stake to Aspex Management to fulfil European Commission commitments.
Steve Pacak spent nearly four decades at Naspers, joining pay-TV subsidiary M-Net in 1988.
Prosus has sold a 4.5% stake in Delivery Hero to Uber, advancing on commitments to the European Commission.