Prosus NV

Prosus NV engages in the provision of different technology platforms. It operates through the following segments: Ecommerce, Social and Internet Platforms, and Corporate. The Ecommerce segment operates internet platforms to provide various services and products, and includes classifieds, payments and fintech, food delivery, etail, travel, and other ecommerce. The Social and Internet Platforms segment holds listed investments in social and internet platforms through Tencent and Mail.ru. The Corporate segment comprises entities which provide various corporate functions and activities. The company was founded on April 3, 1997 and is headquartered in Amsterdam, the Netherlands.

Prosus NV (AMS: PRX) reported a 29% annualised growth in its H1 earnings on Monday to £1.65 billion. The company attributed the increase primarily to significant returns from its investment in China's Tencent, that helped offset losses from its other businesses.

Prosus NV first-half earnings jump 29% in the fiscal first half

AMSTERDAM--(BUSINESS WIRE)--On 30 October 2020, Prosus announced its intention to implement an on-market: Prosus ordinary share N repurchase programme of up to US$1.37 billion from its free-float shareholders (the Share Repurchase); and Naspers Limited (Naspers) N ordinary share purchase programme of up to US$3.63 billion (the Share Purchase, together with the Share Repurchase, the Transaction). Prosus today announces the launch of the Transaction. The board of directors of Prosus (the Prosus B

Prosus N.V. (Prosus) (Euronext Amsterdam: PRX; JSE: PRX) Today Announced the Launch of Share Repurchase and Share Purchase

AMSTERDAM--(BUSINESS WIRE)--The group recovered well from a tough first quarter to accelerate revenue growth, improve profitability and cash-flow generation. Strong performance in uncertain times: Revenues increased 32% to US$12.7bn (HY20: US$9.9bn), with strong growth across food delivery, etail and education. 141% revenue growth in food delivery 70% revenue growth in etail 54% revenue growth in edtech Trading profit grew by 43% to US$2.7bn (HY20: US$1.9bn). Core headline earnings increased 29

Prosus N.V. (Prosus) (Euronext Amsterdam: PRX; JSE: PRX) Today Announced Strong Results for the Six Months Ended 30 September 2020

Prosus Finally Admits the Obvious; Will Buy Back Shares at Half Price

Prosus is a Dutch holding company that was spun off from the South African Naspers a year ago. The main asset is a 31% stake in Tencent.

Prosus: A Vehicle To Invest In Tencent, Trading At A Wide Discount

FY20 results highlight outperformance across the portfolio as Prosus emerges as a net beneficiary from COVID-19

Prosus: Growth At A Reasonable Price

Prosus provides exposure to global venture deals, given its investment business. Its 18-year 37% IRR is exceptional.

Prosus: Exposure To Global Venture Opportunities

Prosus N.V. (PROSY) CEO Bob van Dijk on Q4 2020 Results - Earnings Call Transcript

Video games, social media, food delivery, online classifieds, and electronic payments, oh my!

Forget Berkshire Hathaway: This Investment Company Has the Ideal Coronavirus Portfolio

Prosus: Discounted Valuation Offers Investors Many Ways To Win

Just Eat rebuffed a higher takeover offer from Prosus on Tuesday claiming it “significantly undervalued” the U.K food delivery company, and said it continued to support a rival all-share offer from Takeaway.com TKWY, -2.36%

Just Eat rejects higher rival bid from Prosus

Prosus  raised its unsolicited cash offer for British food delivery service Just Eat  to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway  in their bitter takeover battle.

Just Eat takeover battle hots up with fresh $6.5 billion Prosus bid

Prosus N.V. (PROSY) CEO Bob van Dijk on Q2 2020 Results - Earnings Call Transcript

Britain's Just Eat  advised shareholders not to accept a 710 pence-a-share cash offer from Prosus , saying it was inferior to its agreed deal with Takeaway.com  to create the largest food delivery player outside China.

Just Eat advises shareholders not to accept Prosus offer

Technology company Prosus  remains confident about its bid for British meal delivery business Just Eat , Chief Executive Bob van Dijk said on Friday, despite an increase in the value of rival Takeaway.com's all-share bid.

Prosus CEO remains confident in bid for Just Eat

Dutch technology company Prosus NV  on Wednesday urged shareholders of Britain's Just Eat PLC  to accept its unsolicited 4.9 billion pound ($6.3 billion) cash bid for the company by Dec. 10, and spurn an alternative offer as too risky.

News for Prosus NV Stock (PROSY)