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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 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
2h
Ping An Says Profit Rises as Stock Market Rally Lifts Returns
Co. said profit jumped 36% for the first nine months of this year, after a stock-market rally bolstered investment returns at ...
2h
China's Ping An Insurance posts 36.1% rise in nine-month profit
Co of China Ltd reported on Monday a 36.1% rise in net profit in the first nine months of the year, driven by growing ...
21h
The US Consumer Is Healthy And This 10% Dividend Will Profit
I think we can all agree that America’s economy depends on consumers buying things. For us income investors, then, the ...
2d
on MSN
Microsoft could end up with substantial equity in the restructured, for-profit OpenAI
Microsoft and OpenAI are reportedly negotiating over how much equity the former will get in OpenAI once OpenAI converts to a ...
1h
on MSN
Indian shares dip as dull earnings, profit-booking outweigh HDFC Bank's boost
By Bharath Rajeswaran and Hritam Mukherjee (Reuters) -Indian shares closed lower on Monday, as lacklustre earnings and ...
2d
on MSN
American Express Beats Q3 Profit Forecast Despite Inflation Concerns
American Express reported stronger-than-expected third-quarter earnings, driven by consistent spending from its cardholders, ...
fox17online
6h
In Motion: Portage teens create non-profit to raise money for youth athletes
Three Portage Central students founded 'Leaders for Youth Sports' a non-profit that raises money to allow students in SW ...
6h
on MSN
Indian shares drop as profit-booking overpowers HDFC Bank's boost
By Bharath Rajeswaran and Hritam Mukherjee (Reuters) -Indian shares reversed early gains on Monday, as broad-based ...
2d
on MSN
American Express profit rises in Q3 as card members continue to spend
American Express’ third-quarter profit topped analysts’ expectations as the credit card company’s cardholders continue to ...
1h
UltraTech Cement Q2FY25 results: Net profit dips 36% to Rs 820 crore
For the quarter under review, UltraTech’s net profit attributable to owners of the company stood at Rs 820 crore, down 36 per ...
2d
SLB quarterly profit beats; warns of muted fourth quarter revenue
Oilfield services firm SLB's third-quarter profit rose 13% and beat analysts' estimates on Friday on steady demand for its ...
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