Skip to content

164news.com

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service
  • Cookie Policy

Prosus profit roughly doubles as its e-commerce bets and Tencent stake pay off

Posted on June 29, 2026 By 164news66 No Comments on Prosus profit roughly doubles as its e-commerce bets and Tencent stake pay off

Prosus: From Diversified Investor to Specialized Entity

For years, Prosus has been, in effect, a single bet disguised as a diversified investor—a vast portfolio fluctuating with the fortunes of a single Chinese asset. Its latest financial results indicate that this facade is increasingly becoming the reality. Prosus reported revenues of approximately $7.3 billion for the fiscal year ending March 31, 2026, and around $1.1 billion (…)

This story continues at The Next Web.

Clock

Post navigation

Previous Post: Amazon’s rapid-delivery push wipes $15bn off India’s Eternal and Swiggy
Next Post: Australia moves to double Big Tech fines and arm its regulator over the under-16 ban

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Picks

  • Denver Basin Augmentor Repair
  • Water Filter Installation Denver
  • Denver Plumbing for Renters
  • Plumber for Restaurant Installations Denver
  • 24/7 Plumber Available in Denver
  • Denver Water Softener Installation
  • Clock
  • Thyroid Test
  • sailboat
  • Steam Boat

Recent Posts

  • Baidu’s chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO and asked investors to buy its semiconductors
  • Micron briefly surpassed Meta and Tesla in market value. Its stock is up 236% in a month.
  • Researchers built an AI therapist that reads your smartwatch and earbuds to detect distress before you ask for help
  • Nvidia-backed Firmus will build a 360MW AI data centre in Indonesia and expects $30 billion in offtake deals
  • California will tax downloaded software for the first time as part of a $351.7 billion budget deal

Recent Comments

  1. fk777 casino on Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation
  2. 5577betapp on Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation
  3. 144bet1 on Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation
  4. 144bet1 on Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation
  5. 144bet1 on Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation

Archives

  • June 2026
  • May 2026
  • April 2026
  • March 2026

Editor's Picks

  • Denver Basin Augmentor Repair
  • Water Filter Installation Denver
  • Denver Plumbing for Renters
  • Plumber for Restaurant Installations Denver
  • 24/7 Plumber Available in Denver
  • Denver Water Softener Installation
  • Clock
  • Thyroid Test
  • sailboat
  • Steam Boat

Copyright © 2026 164news.com.

Powered by PressBook Dark WordPress theme