Today’s Prosus CMD showcased a clear objective: attaining profitability. The Dutch multinational conglomerate is sticking to its target of profitability by H1 25. To achieve this, the strategy of the HoldCo is (i) to focus on existing investments, (ii) optimize these investments, (iii) reduce costs and (iv) exit underperforming businesses. Despite its ups and downs, Prosus remains confident about the future of its main holding, Tencent, as hopes arise of an end to zero-COVID restrictions in Chin ....
