Naspers Ecommerce Profitability Surges 71%, as Ecosystem Growth Accelerates
NASPERS LTD S/ADR (NPSNY)
NASDAQ:AMEX Investor Relations:
naspers.com/news/publication-of-prospectus-and-expected-admission-o
Company Research
Source: Business Wire
CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (Naspers) (JSE: NPN) is delivering on its ecosystem strategy, with strong growth, results and synergies taking hold across Latin America, Europe and India. Disciplined execution is driving our performance, with all of our operated businesses now profitable. We are on track to achieve our guidance1 of US$1.1bn+ in adjusted EBITDA for the full year. New investments, notably Just Eat Takeaway.com (JET) and La Centrale will help fuel our growth and we aim to unlock around US$2bn from our portfolio this year.In a world of rapid technological change, delivering innovation is our highest priority, and we are building the leading AI lab in Europe. With 20 thousand AI agents already accelerating our work, we are an AI-first organisation, laser-focused on executing our ecosystem strategy.Highlights2Ecommerce revenue growth of 21% (15%), to US$4.1bn, ahead of peersEcommerce aEBITDA up 71% (57%), to US$557mUS$421m improvement in free c
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