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Labrish
Nyuuz
Naspers reports strong growth, AI-driven strategy boosts profits
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[QUOTE="Munyaradzi Mafaro, post: 72856, member: 636"] Naspers and subsidiary Prosus confirmed robust earnings momentum spanning Latin America, Europe, India and South Africa while projecting full-year adjusted earnings before interest, taxes, depreciation and amortization exceeding $1.1 billion. The conglomerate achieved profitability across all operating divisions through disciplined capital deployment and synergy capture, with recent acquisitions Just Eat Takeaway.com and La Centrale positioned to unlock approximately $2 billion in portfolio value. Brazilian food delivery platform iFood posted 32 percent revenue gains alongside 57 percent adjusted EBITDA expansion, while European classified marketplace OLX registered 22 percent top-line growth. Indian payments provider PayU reached quarterly breakeven in its credit operations while lifting adjusted EBITDA margins six percentage points. South African e-commerce operator Takealot Group expanded its gross merchandise value by 16 percent after launching fulfillment infrastructure for third-party merchants. Management emphasized artificial intelligence integration as central to ecosystem strategy, deploying 20,000 automated agents to enhance operational velocity and customer engagement across global properties. [/QUOTE]
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Nyuuz
Naspers reports strong growth, AI-driven strategy boosts profits
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