Tech Investor Prosus Posts Higher Profit, Driven by Tencent Holding

Prosus, Tencent Holdings' largest shareholder, reported a rise in net profit for its fiscal first half, driven by its investment in the Chinese tech giant and the sale of a portion of its stake.

- BY NAJAT KANTOUAR

The revenue increase was mainly driven by accelerated growth in its e-commerce businesses, including iFood in Latin America.

JORGE SILVA/REUTERS