Prosus doubles half-year core profit amid e-commerce pivot


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

(Reuters) -Dutch technology investor Prosus reported a 99% surge in its adjusted half-year core profit on Monday, driven by strong performances across its digital services and e-commerce portfolio.

Its adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) grew to $423 million from $213 million a year ago, while revenue jumped 22% to $3.6 billion, driven by robust results from its iFood and OLX platforms.

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