Prosus Aiming To Double Revenue In Three Years

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prosus aiming to double revenue in three years

Bloisi said the Dutch company aims to double its annual revenue by 2028, which would bring sales to about US12.5-billion, up from 6.2-billion for the year ended 31 March.

Prosus, a subsidiary of South Africa's Naspers, has shifted to more actively developing and operating its portfolio of e-commerce platforms and food delivery companies. It's using artificial intelligence to cut costs and has acquired new businesses, including Just Eat Takeaway.com and online travel firm Despegar.

It's part of Bloisi's ambition to double the company's market value to 200-billion by mid-2028. If he succeeds, he'll be eligible for a 100-million bonus.

"We are working toward a 100-billion-bigger Prosus," Bloisi said. "I would love to build one of the biggest tech companies outside of the US."