In the face of uncertainty, we tried to maintain our focus and our purpose. As a consumer internet group and one of the largest technology investors, we are helping to bring the benefits of a digital world to our customers. We do this in the core segments of Food Delivery, Classifieds, Payments and Fintech, and Edtech, where we aim to build useful ecosystems.Download section
Our approach is founded on a multigenerational record of innovation, adaptation and reinvention. We understand the opportunity and importance of solving everyday problems for customers. Equally, we understand that local entrepreneurs are often best placed to do this.Download section
The operating environment in the fiscal year ended 31 March 2023 remained difficult and continued to be characterised by geopolitical and macroeconomic uncertainty. Amid that uncertainty, the group leveraged its strong financial footing and remained focused on building long-term sustainable value in local marketplaces across its main segments. After years of investment and growth, these segments have scaled meaningfully, creating clear paths to profitability for each. The group is committed to achieving consolidated Ecommerce profitability in the first half of FY25 while maintaining industry-leading levels of growth. We believe this will form a strong basis to continue delivering long-term value to our shareholders.Download section
Chief financial officer
We are a global consumer internet group operating across platforms and geographies, and one of the largest technology investors in the world.
As a group, we build useful products for over two billion customers and help their communities thrive. We empower our teams to develop their skills and build meaningful careers. We create long-term value for our shareholders and our many other stakeholders.Download section
Our core businesses in Food Delivery, Payments and Fintech, Classifieds and Media recorded profits of US$144m in FY23, improving from US$112m in FY22
Accelerate Ecommerce profitability; continue open-ended share repurchase; expect strong recovery from Tencent; simplify group structure; build a repeatable process of investing towards crystallisation and return
Net cash and excellent liquidity are strategic advantages in the current environment
We focus on high-growth markets and business models
that we know well.
Our group includes some of the best-loved local consumer internet companies in around 100 countries, spanning the Americas to Asia, Europe to South Africa.Download section
Our portfolio of food-delivery businesses allows customers to order their favourite food online and via apps to be conveniently delivered wherever they are.
OLX serves hundreds of millions of people every month across five continents, helping people buy and sell cars, find housing, get jobs and buy and sell household goods.
PayU is an online payment services platform
that has processed more than US$78bn payment
volumes globally and is a payment gateway for
merchants in high-growth markets as well as large
PayU operates on four continents, in 17 high-growth markets and offers over 300 payment options.
We reach 90% of Fortune 100 companies across our corporate learning platforms. We also have a strong presence in K–12 (kindergarten to grade 12) in key markets.
eMAG is an ecommerce leader in Central and Eastern Europe.
Includes our Ventures arm that partners with entrepreneurs to build prominent technology companies, aiming to fuel the next wave of growth for the group.
Prosus holds an investment in Tencent, China’s largest and most-used internet services platform.
Incorporated in the Netherlands
(Registration number: 34099856)
(Prosus or the group)
Euronext Amsterdam and
JSE share code: PRX
ISIN: NL 0013654783
JP Bekker (chair), B van Dijk (chief executive), S Dubey, HJ du Toit, CL Enenstein, M Girotra, RCC Jafta, AGZ Kemna, FLN Letele, D Meyer, R Oliveira de Lima, SJZ Pacak, V Sgourdos, MR Sorour, JDT Stofberg, Y Xu
Gustav Mahlerplein 5
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