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Prosus to Boost E-Commerce Profit to $400 Million
Prosus expects e-commerce profit to jump in 2025, more IPOs in India
Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year and expects more of its Indian businesses to list following Swiggy's IPO,
Prosus to Boost E-Commerce Profit to $400 Million for 2025 Year
Prosus NV plans to deliver $400 million in adjusted earnings before interest and tax from its e-commerce operations in the year to end-March, and sees this improving in future, Chief Executive Officer Fabricio Bloisi said.
Prosus CEO eyes massive e-commerce profits in 2025
Bloisi said that in April-September, the first half of its 2025 fiscal year, Prosus's global e-commerce business generated about three times the adjusted earnings before interest and taxes (EBIT) than it did in the whole of last year, reflecting on his 100 days at the helm of the Dutch-listed company.
Prosus Expects More IPOs From Its India Portfolio
The PE firm’s CEO Fabricio Bloisi said that the company remains excited about the prospects in the country. Bloisi said that the company is now valued around $100 Bn. Prosus has invested more than $7 Bn in Indian startups so far, according to Inc42 and Tracxn data.
Prosus eyes more IPOs in India portfolio
MUMBAI: Even after its failed bet on Byju's, which was once India's most valued startup, Dutch technology investor Prosus remains bullish on the country's market.The company will continue to invest in India and remains excited about the country's prospects,
Prosus and Naspers look to turn on e-commerce profit taps
It is critical that e-commerce becomes a bigger source of profitability for Prosus, group CEO Fabricio Bloisi said.
Prosus targets $400 mn e-commerce profit in 2025, more IPOs in India
Prosus, majority-owned by South Africa's Naspers, is a major shareholder in Indian food delivery firm Swiggy, which is preparing for what could be one of India's biggest IPOs this year
1d
Prosus to Push AI in E-Commerce as Part of Double Value Plan
Dutch e-commerce investor Prosus NV plans to invest in artificial intelligence across its businesses, Chief Executive Officer ...
Your Story
2d
'Early investment in Swiggy paying off', says Prosus
Prosus, one of the early backers of Swiggy, sees its investments paying off, and currently expects its other Indian ...
DutchNews.NL
2d
Voluntary Announcement: Letter From Fabricio Bloisi, Chief Executive, Prosus, on His First 100 Days
A letter from Fabricio Bloisi, chief executive, Prosus, on his first 100 days can be found on the company’s website, The ...
Independent Online
2d
Prosus CEO reports strong growth in first 100 days, much greater AI integration and an IPO for Swiggy in India
Prosus
CEO Fabricio Bloisi published an update to shareholders covering his first 100 days in his role, and he says there ...
22h
Kepler Capital Sticks to Their Buy Rating for Prosus (PROSF)
In a report released on October 21, Robert Vink CFA from Kepler Capital maintained a Buy rating on Prosus (PROSF – Research Report), ...
2d
Prosus to Boost E-Commerce Profit to $400 Million for 2025
Prosus NV’s new Chief Executive Officer Fabricio Bloisi said adjusted profit at the company’s e-commerce division is expected ...
Dataquest
22h
Indian Startups to Benefit from IPO Boom: Booming Tech Ecosystem
Prosus is a multinational technology company that operates in India and other areas. It has contributed to expanding the ...
1d
Prosus Finalizes Shareholder Distributions Amid Tax Implications
Prosus (PROSF) has released an update. Prosus N.V. has finalized its distribution plan, offering a capital repayment of 10 euro cents per share ...
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India
Swiggy
Initial public offering
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