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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)
Ervin Tu (interim CEO)[1]
Basil Sgourdos
(CFO)
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, including social / gaming, classifieds, payments and fintech, edtech, 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 "Prosus, Prospectus, 26 August 2019" (PDF).
  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.

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