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The Nexus
BUSINESSJun 29 · 05:59 UTCBLOOMBERGLoni Prinsloo, Lizzy Burden

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

Prosus reported a more than doubled profit last fiscal year, driven by growth in its e-commerce businesses and increased value of its stake in Tencent. The results exceeded analysts' estimates.

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