Product Code Database
Prosus N.V. is a Netherlands 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.
Prosus has invested across multiple areas of the technology sector, including social networking, gaming, classifieds, payments, financial technology, edtech, food delivery, real estate listings, and ecommerce. Products and services of its businesses and investments are used by more than 1.5 billion people in 89 markets.
Prosus majority shareholder is South Africa multinational mass media company Naspers. In September 2019, Prosus's ordinary shares were listed on Euronext Amsterdam and, as a secondary inward-listing, on the Johannesburg Stock Exchange. Subsequent to its , Prosus became the largest consumer Internet company in Europe by asset value. Shares in the company were reported to have "soared on debut," although the company was trading at a significant discount to the value of its portfolio.
Prosus is best known for its investments in Tencent, dating back to a 45% share in 2001.
In March 2022, Prosus announced it was writing off its 25.9% stake (worth approximately US$700m) in social media company VK after VK's CEO Vladimir Kirienko was put on a U.S. sanctions list.
In December 2024, Prosus announced it had entered into an agreement to acquire Despegar, a Latin American travel agency, for USD 1.7 billion.
On February 24th 2025 the company announced it reached an agreement to acquire Just Eat Takeaway.com for €4.1b in cash. In 2019, the company had attempted to acquire the then-independent Just Eat, but lost the bidding war to Takeaway.com.
Business
The group's expansion into Internet platforms began in the 1990s, spanning various tech investments, including:
Controversy
Following the Russian invasion of Ukraine in February 2022, many international companies, particularly Western, pulled out of Russia. Unlike most of its Western competitors, Prosus was slow to announce any or scaling back of its operations in Russia. It was criticised in particular with regard to its Avito platform (a subsidiary of OLX), which, among other activities, provided classified advertising services that were used by the Russian army for recruiting purposes. In October 2022, Prosus agreed to sell Avito service to Kismet Capital Group for $2.4 bln.
Acquisitions
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!Acquisition Date
!Company
!Price (USD)
!Ref 1 June 3, 2021 Stack Overflow $1.8 billion 2 June 15, 2021 GoodHabitz $257 million 3 August 19, 2022 iFood $1.9 billion
External links
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