Prosus NV Unveils Ambitious Growth Plan, Targets Over 2x Revenue Increase and $200bn+ Valuation in Three Years
Reuters
Jun 25
<a href="https://laohu8.com/S/PROSF">Prosus NV</a> Unveils Ambitious Growth Plan, Targets Over 2x Revenue Increase and $200bn+ Valuation in Three Years
Prosus NV has unveiled an ambitious financial forecast during its Capital Markets Day, 'Prosus Ignite,' targeting over $200 billion in value within the next three years. The company aims to more than double its revenue by FY28 and significantly accelerate profitability, with expectations of improving profitability by $1.2 billion by the end of FY26 and growing it more than 3.5 times over the next three years. Prosus is focusing on building regional ecosystems in Latin America, Europe, and India, powered by sectors such as food, fintech, commerce, and experiences. The company is leveraging AI to enhance its ecommerce services and is on track to transform into the largest European internet company. In Latin America, Prosus aims to double revenues from $1.4 billion in FY25 and triple adjusted EBITDA from $256 million in FY25, capitalizing on the success of its brand iFood and integrating new customer experiences through Despegar.
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