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Prosus Profit Jumps as Bets on E-Commerce Businesses Pay Off

Prosus Profit Jumps as Bets on E-Commerce Businesses Pay Off

Prosus NV said profit more than doubled in the last fiscal year, beating analysts’ estimates as growth in the tech investment company’s e-commerce businesses and an increase in the value of the stake it owns in China’s Tencent Holdings Ltd. boosted earnings.

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Source: Bloomberg Tech · Opens in new tab