FILE PHOTO: Prosus' logo is pictured on a smartphone in front of the stock graph displayed in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) -Dutch technology investor Prosus reported on Monday a 47% jump in full-year core earnings to $7.4 billion, exceeding its financial targets, driven by its expansion into food delivery and e-commerce.
Owned by South Africa's Naspers, Prosus is transforming from an investment group to a technology company running such services as food delivery, fintech and ride sharing, a change in strategy a BofA analyst said could shift its investment case.
