South African billionaire Koos Bekker-led Prosus plans stake sales to raise $2 billion
Prosus targets $2 billion from asset sales as CEO Fabricio Bloisi sharpens focus on e-commerce and lifestyle platforms.
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Prosus targets $2 billion from asset sales as CEO Fabricio Bloisi sharpens focus on e-commerce and lifestyle platforms.
Prosus extends $4.73 billion Just Eat Takeaway offer to October 2025, aligning with EU review, eyes $12.5 billion revenue by 2028.
The $3.6 million (R$20 million) seed round was led by Village Global, with participation from Prosus Ventures and Worldbuild.
The company’s CEO, Fabricio Bloisi, announced this ambitious growth plan during Prosus’s Capital Markets Day on Wednesday.
Prosus bets big on India, echoing Bekker’s Tencent strategy with long-term investments in tech platforms like PayU and Meesho.
Prosus, led by Koos Bekker, finalizes a $1.7 billion Despegar deal to expand its lifestyle ecosystem across Latin America’s high-growth digital sectors.
Under South African billionaire Koos Bekker, Prosus continues its efforts to support tech solutions that address the evolving needs of workers worldwide.
Even billionaires make costly mistakes—overleveraging, overexposure, disruption, misjudgment, and poor due diligence can erase fortunes in months.
Prosus acquires Just Eat Takeaway.com for $4.3 billion, expanding its European food delivery dominance and leveraging AI, investment expertise, and logistics innovation.
The $200-million windfall is tied to Bekker’s stakes in Africa’s most valuable company, Naspers, and its Amsterdam-based subsidiary, Prosus.
While continuing its buyback program, Prosus is also looking ahead, with plans to invest nearly $20 billion in Europe.
Prosus, which holds a diverse portfolio spanning fintech, social media, edtech, and food delivery, is doubling down on growth opportunities in the region.
Naspers has invested $1.2 billion to repurchase 5.38 million shares over the past five months, enhancing shareholder value and reaffirming financial stability.
His 0.76% stake in Prosus dropped $73 million, while his 0.93% stake in Naspers lost $39.6 million.
Despite market volatility, Naspers’ stock has shown resilience this year, consistently delivering value to investors.
Prosus is set to acquire Latin America’s top online travel agency, Despegar, for $1.7 billion to expand its ecosystem.