Commenting on the results of Naspers and its Prosus subsidiary released yesterday, Mergence Head of Equities, Peter Takaendesa said that there should be better earnings and cashflow growth prospects for Prosus following the recovering Tencent earnings and loss reduction in the e-commerce assets.
Despite some market ‘overexcitement’ about AI, Naspers is bullish about making more bets
The latest Naspers/Prosus financial results show a jump in profitability across the group’s ecommerce portfolio and Tencent growth acceleration. Commenting