Key facts
- Prosus forecasts a significant increase in core earnings.
- Prosus' e-commerce business is the primary driver of expected earnings growth.
- Siemens AG expects its online store, Xcelerator, to more than double revenue this year.
- Siemens is directing more customers to the Xcelerator platform.
- Xcelerator bundles Siemens software with third-party products and hardware.
Prosus anticipates a substantial increase in its core earnings, with the primary driver being the expansion of its e-commerce business. This growth is expected to significantly bolster the company's overall financial performance.
In parallel, Siemens AG is projecting a more than doubling of revenue from its online store, Xcelerator, within the current year. This aggressive growth target is a result of Siemens' strategic push to channel more customers towards the Xcelerator platform. The platform is designed to offer a comprehensive solution by bundling Siemens' own software offerings with third-party products and hardware.
Both Prosus and Siemens AG are demonstrating a clear trend towards leveraging digital sales channels to enhance their financial results. The success of Prosus' e-commerce segment and Siemens' Xcelerator platform underscores the growing significance of online retail and digital integration in the industrial and technology sectors.