Dutch technology investor Prosus plans to raise $2-billion through asset sales in the near term, its CEO said.
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Technology investor Prosus gained EU antitrust approval on Monday for its bid for Just Eat Takeaway.
The Dutch technology investor, which is controlled by South Africa’s Naspers, owns 27% of Delivery Hero.
Naspers subsidiary Prosus is aiming to double its revenue over the next three years, its CEO said.
AI is being used across Naspers and Prosus subsidiaries for tasks ranging from fraud detection to customer recommendations.
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Prosus on Monday reported full-year core headline earnings of $7.4-billion, up 47% year on year.
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Ervin Tu, group president and chief investment officer of Prosus, is stepping down from his role.
South Africa’s benchmark stock index is heading for its best month in almost a year.