PROSUS ‘LAND GRAB’ CONTINUES — BUT PROFITS REMAIN ELUSIVE

Prosus, the Naspers-controlled internet and e-commerce company, has capitalised on the digital boom to grow revenue handsomely. But profits remain elusive. This is part of the plan, says management, but analysts remain unconvinced. © Copyright (c) Daily Maverick , All Rights Reserved Feeling flush after raising $14.7-billion from the sale of shares in Chinese internet giant Te...

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