Prosus N.V. reported higher profit in the first half with revenues boosted by iFood in Latin America, OLX in Europe, and PayU in India. The company aims to achieve $1.1 billion in adjusted EBITDA for the full year, with new investments driving growth. CEO Fabricio Bloisi highlighted the use of AI to scale quicker and make smarter decisions. Profit attributable to equity holders rose to $5.632 billion, with earnings per share improving to 251 US cents. Consolidated revenue increased 22 percent to $3.623 billion, with significant operating improvements in the Ecommerce portfolio.

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