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'''Prosus N.V.''' is a global consumer internet group operating across a variety of platforms and geographies. It is one of the largest technology investors in the world.<ref>[https://www.bloomberg.com/press-releases/2019-07-19/naspers-announces-revised-timetable-for-the-listing-of-prosus-on-euronext-amsterdam-and-jse Bloomberg, Naspers Announces Revised Timetable for the Listing of Prosus on Euronext Amsterdam and JSE, ‎19‎ ‎July‎ ‎2019]</ref> The products and services of Prosus group’s businesses and investments are used by more than 1.5 billion people in 89 markets. These businesses and investments are the market leaders in 77 markets. <ref name="auto">https://www.newglobaltechgroup.com/media/1083/amco-11006822-v1-prosus_n_v__prospectus.pdf Prosus, Prospectus, 26 August 2019</ref>
'''Prosus N.V.''' is a global consumer internet group operating across a variety of platforms and geographies. It is one of the largest technology investors in the world.<ref>[https://www.bloomberg.com/press-releases/2019-07-19/naspers-announces-revised-timetable-for-the-listing-of-prosus-on-euronext-amsterdam-and-jse Bloomberg, Naspers Announces Revised Timetable for the Listing of Prosus on Euronext Amsterdam and JSE, ‎19‎ ‎July‎ ‎2019]</ref> The products and services of Prosus group’s businesses and investments are used by more than 1.5 billion people in 89 markets. These businesses and investments are the market leaders in 77 markets. <ref name="auto">https://www.newglobaltechgroup.com/media/1083/amco-11006822-v1-prosus_n_v__prospectus.pdf Prosus, Prospectus, 26 August 2019</ref>


On 11 September 2019, Prosus's ordinary shares will be listed on [[Euronext Amsterdam]], and as a secondary inward-listing, on the [[Johannesburg Stock Exchange]]. Its expected market capitalisation will be c. USD100 billion,<ref>[https://www.bloomberg.com/news/articles/2019-08-26/naspers-says-prosus-to-have-market-value-of-about-100-billion-jzs68y0g Bloomberg, Naspers Says Prosus Unit to Be Valued at About $100 Billion, 26 August 2019]</ref><ref>[https://www.ft.com/content/47b1a8fa-a7a3-11e9-b6ee-3cdf3174eb89 Financial Times, Naspers: 'Africa's SoftBank' looks beyond its Tencent stake, 21 July 2019]</ref> the third highest market capitalisation on Euronext Amsterdam.<ref>[https://www.telegraaf.nl/financieel/2109770789/nieuwkomer-prosus-met-beurswaarde-derde-na-shell-en-unilever?utm_source=google&utm_medium=organic De Telegraaf, Nieuwkomer Prosus met beurswaarde derde na Shell en Unilever, 26 August 2019]</ref>
On 11 September 2019, Prosus's ordinary shares will be listed on [[Euronext Amsterdam]], and as a secondary inward-listing, on the [[Johannesburg Stock Exchange]]. Its expected market capitalisation will be c. USD100 billion,<ref>[https://www.bloomberg.com/news/articles/2019-08-26/naspers-says-prosus-to-have-market-value-of-about-100-billion-jzs68y0g Bloomberg, Naspers Says Prosus Unit to Be Valued at About $100 Billion, 26 August 2019]</ref><ref>[https://www.ft.com/content/47b1a8fa-a7a3-11e9-b6ee-3cdf3174eb89 Financial Times, Naspers: 'Africa's SoftBank' looks beyond its Tencent stake, 21 July 2019]</ref> the third highest market capitalisation on Euronext Amsterdam.<ref>[https://www.telegraaf.nl/financieel/2109770789/nieuwkomer-prosus-met-beurswaarde-derde-na-shell-en-unilever?utm_source=google&utm_medium=organic De Telegraaf, Nieuwkomer Prosus met beurswaarde derde na Shell en Unilever, 26 August 2019]</ref> Prosus will be the largest consumer internet company in Europe by asset value.<ref>https://www.dutchnews.nl/news/businesswire/naspers-announces-revised-timetable-for-the-listing-of-prosus-on-euronext-amsterdam-and-jse/ Dutch News.nl, Naspers Announces Revised Timetable for the Listing of Prosus on Euronext Amsterdam and JSE, 19 July 2019</ref>


== Business ==
== Business ==

Revision as of 20:00, 27 August 2019

Prosus N.V.
Company typePublic
Euronext: PRX
JSE: PRX
ISINNL0013654783
IndustryConsumer Internet
Headquarters
Amsterdam
,
Netherlands
Area served
Global
Key people
Koos Bekker (Chair)
Bob van Dijk (CEO)
Number of employees
15,677 [1]
ParentNaspers Limited
Websiteprosus.com

Prosus N.V. is a global consumer internet group operating across a variety of platforms and geographies. It is one of the largest technology investors in the world.[2] The products and services of Prosus group’s businesses and investments are used by more than 1.5 billion people in 89 markets. These businesses and investments are the market leaders in 77 markets. [1]

On 11 September 2019, Prosus's ordinary shares will be listed on Euronext Amsterdam, and as a secondary inward-listing, on the Johannesburg Stock Exchange. Its expected market capitalisation will be c. USD100 billion,[3][4] the third highest market capitalisation on Euronext Amsterdam.[5] Prosus will be the largest consumer internet company in Europe by asset value.[6]

Business

The Prosus group’s expansion into internet platforms began in the 1990s.[1] The Group's consumer internet services span the core focus segments of:

  • Classifieds - including its subsidiary, OLX (100%).
  • Payments and Fintech - including its subsidiary, PayU (98.8%);
  • Food Delivery - including its subsidiary and associates, iFood (54.8%), Delivery Hero (22.3%) and Swiggy (38.8%),

in addition to:

  • Etail - including its subsidiary, eMag (80.1%); and
  • Travel - including its associate, Ctrip (6%).

It also has interests in Social and Internet Platforms, which comprises its interests in:

References

  1. ^ a b c d https://www.newglobaltechgroup.com/media/1083/amco-11006822-v1-prosus_n_v__prospectus.pdf Prosus, Prospectus, 26 August 2019
  2. ^ Bloomberg, Naspers Announces Revised Timetable for the Listing of Prosus on Euronext Amsterdam and JSE, ‎19‎ ‎July‎ ‎2019
  3. ^ Bloomberg, Naspers Says Prosus Unit to Be Valued at About $100 Billion, 26 August 2019
  4. ^ Financial Times, Naspers: 'Africa's SoftBank' looks beyond its Tencent stake, 21 July 2019
  5. ^ De Telegraaf, Nieuwkomer Prosus met beurswaarde derde na Shell en Unilever, 26 August 2019
  6. ^ https://www.dutchnews.nl/news/businesswire/naspers-announces-revised-timetable-for-the-listing-of-prosus-on-euronext-amsterdam-and-jse/ Dutch News.nl, Naspers Announces Revised Timetable for the Listing of Prosus on Euronext Amsterdam and JSE, 19 July 2019
  7. ^ The Wall Street Journal, One of the Best Investments in History Becomes a Headache, 24 June 2019
  8. ^ Mail.ru Group, Shareholder Capital as of 15 October 2018
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