Amsterdam: Dutch technology investment giant Prosus N.V. has reported a remarkable performance for the first half of its financial year, posting a 22% increase in group revenue and nearly doubling its adjusted core profit. The results reflect the company’s ongoing strategic pivot from being a primarily passive investor to a more hands-on operator of its e-commerce and digital platforms. Analysts and investors view this as a strong signal that Prosus’ operational transformation is beginning to bear tangible results.
For the six-month period ending in November, Prosus recorded revenue of approximately US $3.6 billion, marking a significant increase over the previous year. The company’s adjusted EBITDA surged to around US $423 million, nearly 99% higher than the same period last year. This sharp rise underscores the efficiency and profitability gains the company has achieved by actively managing its core business operations rather than relying solely on returns from investment holdings.
The company highlighted strong contributions from its major platforms, particularly the Brazilian food-delivery service iFood and the global online classifieds network OLX. These platforms have been central to Prosus’ strategy to focus on digital services with high growth potential and scalable operational models. By emphasizing platform operations, the company has been able to achieve higher margins and capture a larger share of growing markets, particularly in emerging economies where digital commerce continues to expand rapidly.
Prosus remains majority-owned by South Africa’s Naspers and holds a significant stake in China’s Tencent Holdings, combining traditional investment holdings with active platform management. This hybrid structure has allowed the company to benefit from global investment returns while simultaneously building operational expertise in e-commerce and digital services. The half-year results suggest that its operational ventures are gaining momentum, contributing more substantially to overall earnings than ever before.
Looking ahead, Prosus confirmed that it is maintaining its full-year guidance, signaling confidence that the growth trajectory will continue for the remainder of its financial year. For investors, the performance demonstrates that the company’s pivot toward direct operational involvement is producing results. However, it also highlights that continued success will require careful execution and management of its growing portfolio of digital businesses.
On a broader scale, Prosus’ results reflect wider trends in the global digital economy, where e-commerce, food delivery, and online marketplaces are experiencing rapid growth, especially in emerging markets. The strong performance of platforms like iFood and OLX not only contributes to the company’s bottom line but also signals the long-term potential of these markets. For industry observers, Prosus serves as a model for how strategic operational involvement can enhance profitability while navigating the risks associated with scaling digital platforms.
In conclusion, Prosus N.V.’s half-year results mark a significant milestone in the company’s strategic evolution. Revenue growth of 22% coupled with a near doubling of core profit reflects operational excellence, successful execution of strategy, and the growing impact of its digital platforms. The coming months will test whether Prosus can sustain this momentum and continue translating its operational growth into long-term shareholder value.