Internet company Prosus reported group revenues of $28.8-billion, up 33% thanks to particularly strong growth in food delivery and e-tai, a trading profit of $5.6-billion, up 44%, and core headline earnings of $4.9-billion, up 39% for its financial year to the end of March.
Using the platform created by iFood, Swiggy and Delivery Hero, among others, the firms plan to build a broader on-demand delivery ecosystem that will go beyond restaurant delivery to grocery and convenience delivery and increased logistics capabilities. The Payments & Fintech segment reported strong financial results for the year with total payment value increasing by 51% to $55-billion, supported by a 38% increase in the number of transactions. The core business, PayU, was profitable for the third year running.
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