Deputy Editor

Prosus CEO Fabricio Bloisi has told shareholders to prepare for a year of executing the group’s lofty growth ambitions to become a technology supermajor, buoyed by meeting its target of $7.3bn (R120bn) in revenues.

Bloisi, who doubles up as Naspers CEO, used his annual letter to shareholders to shore up confidence in the group’s growth story, with all of the company’s ecosystems now profitable.

“We will release our FY26 numbers in June, and you will see it was a very strong year for Prosus. I am proud to share that we hit the ambitious guidance of +$7.3bn in revenue and +$1.bn in e-commerce adjusted earnings before interest, tax, depreciation and amortisation (ebitda) (ex JET and La Centrale),” Bloisi said.

“We are making meaningful progress in building the #1 lifestyle ecosystem in Latin America, Europe and India. We will continue this discipline in FY27. We will make trade-offs to drive growth, increase investment to compete more aggressively, and accelerate product deployment to position our ecosystems for long-term secular growth.”