Prosus sees e-commerce profit surging next year, more IPOs in India

Prosus sees e-commerce profit surging next year, more IPOs in India

Prosus' logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration

Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year and expects more of its Indian businesses to list following Swiggy’s IPO, Chief Executive Fabricio Bloisi said on Monday.