Prosus

Prosus N.V.
Company typeNaamloze Vennootschap
Euronext Amsterdam: PRX
JSE: PRX
A2X: PRX
AEX component
ISINNL0013654783
IndustryInvestments
Headquarters
Amsterdam
,
Netherlands
Area served
Worldwide
Key people
Koos Bekker
(chairman)
Fabricio Bloisi (CEO)[1]
Basil Sgourdos
(CFO)
Revenue5,467,000,000 United States dollar (2024) Edit this on Wikidata
923,000,000 United States dollar (2024) Edit this on Wikidata
1,300,000,000 United States dollar (2024) Edit this on Wikidata
Total assets152,427,000,000 United States dollar (2024) Edit this on Wikidata
Number of employees
15,677[2]
ParentNaspers Limited
Websiteprosus.com

Prosus N.V., or Prosus, is a global investment group that invests and operates across sectors and markets with long-term growth potential. It is among the largest technology investors in the world.[3]

Prosus has invested across multiple verticals,[jargon] including social / gaming, classifieds, payments and fintech,[jargon] edtech,[jargon] food delivery, and ecommerce.[4] Products and services of its businesses and investments are used by more than 1.5 billion people in 89 markets.[2]

Prosus is majority-owned by South African multinational Naspers.[5] In September 2019, Prosus's ordinary shares were listed on Euronext Amsterdam and, as a secondary inward-listing, on the Johannesburg Stock Exchange.[6] Subsequent to its IPOTooltip Initial public offering, Prosus became the largest consumer Internet company in Europe by asset value.[7] Shares in the company were reported to have "soared on debut,"[8][5] although the company was trading at a significant discount to the value of its portfolio.[9]

  1. ^ "CEO Steps Down". Reuters. 18 September 2023.
  2. ^ a b "newglobaltechgroup.com" (PDF). ww38.newglobaltechgroup.com.
  3. ^ "Update on repurchase program". prosus.com.
  4. ^ Schulze, Elizabeth (September 11, 2019). "A $100 billion tech company you've never heard of just listed in Europe". CNBC.
  5. ^ a b Wexler, Alexandra (September 11, 2019). "Introducing Prosus: A Rare European Mega-Tech Stock" – via www.wsj.com.
  6. ^ "Prosus - About". www.prosus.com. Retrieved 2021-07-13.
  7. ^ "Naspers Announces Revised Timetable for the Listing of Prosus on Euronext Amsterdam and JSE". Jul 19, 2019. Retrieved Oct 24, 2022.
  8. ^ "Prosus debut creates €120bn European tech giant". Financial Times. 11 September 2019.
  9. ^ "Naspers, Prosus launch share swap deal to shrink S.Africa discount". Reuters. 2021-05-12. Retrieved 2021-07-13.