Newsroom | 23255 results

AMSTERDAM--(BUSINESS WIRE)--Die OLX Group ("OLX"), ein weltweit führender Anbieter von Online-Kleinanzeigen und Tochtergesellschaft von Prosus N.V., hat im Geschäftsjahr 20251 starke Finanzergebnisse erzielt. Der Umsatz stieg im Vergleich zum Vorjahr um 18% auf 777 Millionen US-Dollar2. Das bereinigte EBIT3 (aEBIT) belief sich auf 270 Millionen US-Dollar2, was einem Anstieg von 61% (in lokaler Währung) gegenüber dem Vorjahr entspricht. Die aEBIT-Marge lag bei 35% und damit ebenfalls deutlich üb...

AMSTERDAM--(BUSINESS WIRE)--OLX Group (“OLX”), a global online classifieds leader and subsidiary of Prosus N.V., has reported strong financial results in the fiscal year 20251. The company generated revenues of US$7772 million, an 18% year-on-year increase. Adjusted EBIT3 (aEBIT) amounted to US$2702 million, representing an increase of 61% (in local currency) over the prior year, while aEBIT margin was 35%, a significant expansion from 25% in FY24. The strong performance was primarily driven by...

LONDON--(BUSINESS WIRE)--CI&T and Project Nemo launch Nemo — a prototype financial app supporting adults with learning disabilities to manage their finances safely....

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (Naspers) (JSE: NPN) delivered a strong performance during a transformative year, as we build the leading lifestyle ecommerce company in Latin America, Europe and India, driven by AI and innovation. Ecommerce revenue growth of 21%, to US$7.0bn. Adjusted EBIT increased 18 times to US$430m. iFood aEBIT grew 178%, OLX aEBIT up 61% and eMAG achieved profitability. Free cash flow improved by US$263m, excluding Tencent. US$7.8bn1 invested to s...

AMSTERDAM & JOHANNESBURG--(BUSINESS WIRE)--Prosus N.V. (Prosus) (AEX and JSE: PRX) delivered a strong performance during a transformative year. We have exceeded our profitability targets, as we build the leading lifestyle ecommerce company in Latin America, Europe and India, driven by AI and innovation. Ecommerce revenue growth of 21%, to US$6.2bn. Adjusted EBIT increased twelve times to US$443m, ahead of guidance. iFood aEBIT grew 178%, OLX aEBIT up 61% and eMAG achieved profitability. Free ca...

CENTER VALLEY, Pa. & AUCKLAND, New Zealand--(BUSINESS WIRE)--Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced it has signed a definitive agreement to acquire Smartpay (NZX:SPY, ASX:SMP), a leading independent provider of payment processing and point-of-sale solutions in Australia and New Zealand, for NZ$296.4 million (~$180m USD), or NZ$1.20 per share. This represents a 46.5% premium to 90 trading day Volume Weighted Average Price (VWAP). Smartpay sell...

WASHINGTON--(BUSINESS WIRE)--FINRA’s Board of Governors met June 4-5. The Board approved two rule proposals, approved the appointments of new Advisory Committee members, met with Securities and Exchange Commission (SEC) Commissioner Mark Uyeda, and received updates on FINRA’s long-term financial planning and FINRA’s enterprise risk management and cybersecurity program. Rulemaking The Board approved the following rule proposals at the June meeting. General information about FINRA’s rulemaking pr...

LAWRENCE, Kan.--(BUSINESS WIRE)--NetXD, the financial-technology company powering banks and institutions across 10 countries, is excited to announce its full-stack infrastructure bridging traditional (TradFi) and decentralized finance (DeFi). The platform unifies its programmable ledger, global payments hub including stablecoins with a proof of reserve, bank-grade HD wallet (for self-custody), Large Action Model (LAM) and an AI engine allowing institutions to launch and manage tokenized product...

TORONTO--(BUSINESS WIRE)--BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA) (“Company” or “Belgravia”) is pleased to announce it has completed two further Bitcoin (“BTC”) purchases enhancing the value and credibility of Belgravia’s Bitcoin treasury strategy. Belgravia Treasury Bitcoin Purchase Belgravia today announces that it has used cash-on-hand, derived from the exercise of previously issued convertible securities by shareholders to purchase an additional 1.5316351 BTC for a to...

DUBLIN--(BUSINESS WIRE)--The "Netherlands Prepaid Card and Digital Wallet Market Intelligence and Future Growth Dynamics Databook - Q2 2025 Update" report has been added to ResearchAndMarkets.com's offering. The prepaid card and digital wallet market in Netherlands is expected to grow by 7.5% on annual basis to reach US$ 8.25 billion in 2025. The prepaid card and digital wallet market in the country has experienced robust growth during 2020-2024, achieving a CAGR of 10.4%. This upward trajector...