Home Naspers FY revenue rises 23% to USD 22.1 bln

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Naspers FY revenue rises 23% to USD 22.1 bln

2020-06-30 09:47:00| Telecompaper Headlines

(Telecompaper) Naspers has reported a 23 percent increase in revenue to USD 22.1 billion for the year ended 31 March from USD 19 billion in 2019, driven by e-commerce and growth at Tencent. Group trading profit grew 17 percent to USD 3.7 billion from USD 3.3 billion, as core Classifieds and core Payments businesses improved profitability even as it stepped up investment in Food Delivery. 

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