Prosus N.V. (PRX.AS) Bundle
An Overview of Prosus N.V.
General Overview of Prosus N.V.
Founded in 1996, Prosus N.V. is a global consumer internet group and one of the largest technology investors in the world. Originally a subsidiary of Naspers, a South African multinational, Prosus was listed on Euronext Amsterdam in 2019. The company primarily focuses on investing in online classifieds, food delivery, and fintech, with significant holdings in various international platforms.
Prosus operates a diverse portfolio including renowned brands like Tencent, OLX, and Delivery Hero. The company continues to innovate within the digital landscape, fostering growth across its business lines. As of 2024, Prosus reported sales of approximately €42.5 billion, reflecting a steady increase attributed to its expanding e-commerce operations.
Financial Performance in Latest Reporting Period
In the most recent financial report for Q2 2024, Prosus achieved record-breaking revenue of €12.3 billion, marking a 15% increase from the previous year. This growth was primarily driven by robust sales in its food delivery and online gaming segments.
Key highlights from the report indicate that revenue from Tencent alone contributed approximately €7.7 billion, representing a significant portion of the overall revenue. Additionally, the e-commerce sector saw an increase in gross merchandise value (GMV) of 22% year-over-year, with OLX leading the charge in classifieds.
The company's net income for the period was reported at €3.1 billion, showcasing its strong operational efficiency and strategic market investments. Prosus’s international markets, particularly in India and Brazil, have experienced substantial growth, increasing their market share significantly.
Leading Company in the Industry
Prosus N.V. is recognized as one of the leading companies in the global technology and internet investment sector. With a market capitalization exceeding €140 billion, Prosus has established its presence as a formidable player, particularly in the e-commerce and technology arenas. Its strategic investments and acquisitions have laid the groundwork for future growth and innovation.
Investors are encouraged to explore further insights into Prosus's operations and market strategies to understand the company's continued success in a rapidly evolving digital economy.
Financial Metrics | Q2 2024 | Q2 2023 | Change (%) |
---|---|---|---|
Revenue | €12.3 billion | €10.7 billion | 15% |
Net Income | €3.1 billion | €2.5 billion | 24% |
Gross Merchandise Value (GMV) | €20.5 billion | €16.8 billion | 22% |
Tencent Revenue Contribution | €7.7 billion | €6.8 billion | 13% |
Market Capitalization | €140 billion | €125 billion | 12% |
Mission Statement of Prosus N.V.
Mission Statement of Prosus N.V.
Prosus N.V. aims to leverage technology to enhance the lives of consumers and businesses around the world, driven by the vision of being a leading global consumer internet group.
Core Component 1: Empowering People Through Technology
Prosus emphasizes its commitment to empowering individuals and communities by using technology to create opportunities. In 2023, the company invested €1.5 billion in various tech-driven initiatives that focus on education, e-commerce, and digital payments across emerging markets.
Core Component 2: Delivering Quality Products and Services
Central to Prosus's mission is the delivery of high-quality products and services. In FY 2023, the company's food delivery platform, Swiggy, achieved a gross merchandise value (GMV) of €3.1 billion, reflecting a year-on-year growth of 30%. Additionally, the e-commerce unit recorded a revenue increase of 22%, driven by the expansion in online retail.
Core Component 3: Commitment to Sustainable Growth
Prosus is dedicated to sustainable growth, emphasizing long-term value creation for stakeholders. As of 2023, the company's sustainability report highlighted a reduction in carbon emissions by 15% through various environmental initiatives. Furthermore, the company aims to achieve carbon neutrality by 2030.
Year | Investment in Tech Initiatives (in € billion) | GMV - Swiggy (in € billion) | Revenue Growth - E-commerce (in %) | Carbon Emission Reduction (in %) |
---|---|---|---|---|
2023 | 1.5 | 3.1 | 22 | 15 |
Vision Statement of Prosus N.V.
Global Reach
Prosus N.V. aims to extend its influence across emerging markets and digital ecosystems. The company operates in over 90 countries, focusing on key regions like India, Brazil, and Southeast Asia. In the fiscal year 2024, Prosus reported revenue of $6.6 billion from its international operations.
Investment in Technology
As part of its vision, Prosus N.V. has committed to investing in technology that fosters innovation. In the last reporting period, the company allocated approximately $1.5 billion to technological advancements and acquisitions. This includes participation in high-growth sectors such as artificial intelligence and fintech.
Focus on Sustainable Growth
Prosus emphasizes sustainable growth in its operations. The company has integrated sustainability into its investment strategy, aiming for a 50% reduction in carbon emissions by 2030. In 2023, Prosus achieved a carbon footprint reduction of 20% compared to 2020 levels.
Empowering Local Businesses
Prosus N.V. is dedicated to empowering local businesses through its platforms. As of 2024, over 30 million merchants have benefited from Prosus' digital solutions, enhancing their operational efficiency and market reach.
Key Metric | 2024 Figures |
---|---|
Revenue from International Operations | $6.6 billion |
Investment in Technology | $1.5 billion |
Reduction in Carbon Emissions (Target by 2030) | 50% |
Carbon Footprint Reduction Achieved (2023 vs. 2020) | 20% |
Local Merchants Empowered | 30 million |
Commitment to Diversity and Inclusion
Prosus N.V. recognizes the value of diversity in its workforce and leadership. The company has set a target of achieving 50% female representation in its management teams by 2025. In 2023, female representation stood at 40%.
Enhancing User Experience
The company is focused on enhancing user experience across its platforms. Prosus reported a 15% increase in user engagement metrics in 2023. Investments in user interface improvements and personalized services contributed significantly to this growth.
Core Values of Prosus N.V.
Innovation
Innovation is a core value at Prosus N.V., emphasizing the importance of creativity and forward-thinking in all aspects of the business.
In 2023, Prosus invested over €1.5 billion in tech startups, showcasing its commitment to fostering innovative solutions within the sectors it operates.
The launch of the Prosus Ventures program, which focuses on identifying and nurturing emerging technology companies, is a prime example of this value in action. Through this initiative, Prosus has supported over 100 startups globally, resulting in successful exits totaling €500 million.
Integrity
Integrity is fundamental to Prosus N.V., guiding its business operations and ethical decision-making processes.
In its 2023 ESG report, Prosus achieved a compliance rate of 98% across its global operations, reflecting its strict adherence to ethical standards.
Additionally, the implementation of the 'Integrity Framework' has led to rigorous training programs for employees, with over 90% of staff completing ethics training in the past year.
Collaboration
Collaboration is at the heart of Prosus N.V.'s approach, fostering teamwork and partnerships both internally and externally.
Prosus has established 15 strategic partnerships in 2023 to enhance its ecosystem, including collaborations with leaders in e-commerce and fintech.
The company organizes quarterly cross-functional workshops that involve over 500 employees from various departments, promoting unity and shared goals.
Customer Focus
Customer focus drives Prosus N.V.'s business strategy, ensuring that customer needs and experiences are prioritized.
In 2023, Prosus launched a new customer engagement platform that improved customer satisfaction ratings by 20%, based on feedback from approximately 30,000 customers.
The introduction of personalized services has also seen engagement rates increase by 35%, demonstrating a strong commitment to meeting customer expectations.
Sustainability
Sustainability represents a key value for Prosus N.V., emphasizing responsible operations and long-term environmental stewardship.
Prosus has committed to reducing its carbon footprint by 30% by 2025, reflecting its dedication to combating climate change.
In 2023, the company achieved a reduction of 15% in emissions through initiatives such as optimizing supply chain logistics and investing in renewable energy sources.
Core Value | Investment in Initiatives | Impact Metrics |
---|---|---|
Innovation | €1.5 billion | 100 startups supported |
Integrity | Training completion rate | 90% |
Collaboration | 15 strategic partnerships | 500 employees engaged in workshops |
Customer Focus | New engagement platform | 20% increase in satisfaction ratings |
Sustainability | Carbon footprint reduction | 30% target by 2025 |
Prosus N.V. (PRX.AS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.