Prosus says quarterly profit rises 54%, plans $2 billion in asset sales


Prosus' logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration

JOHANNESBURG (Reuters) -Dutch technology investor Prosus plans to raise $2 billion through asset sales in the near term, the company's CEO said on Wednesday as he announced a 54% increase in quarterly earnings.

Amsterdam-headquartered Prosus, which is majority-owned by South Africa's Naspers and focused on food and lifestyle-ecommerce within its key markets of Latin America, India and Europe, has already raised $780 million from asset sales in the last four months to July.

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