Name: Davos: Prosus CEO Says Tech Giant Has 'At Least' $10 Bln to Keep Investing
Uploaded: 2026-01-20T09:39:34+00:00
Duration: 415 s

Speakers

Fabricio Bloisi — CEO, Prosus and Naspers Group

Summary

Prosus CEO Fabricio Bloisi tells Bloomberg's Francine Lacqua at Davos that the company has at least $10 billion to keep investing and is still pursuing acquisitions. He sees more AI-driven wealth creation outside the US and highlights India, Latin America, and Europe as key growth regions. Bloisi wants Prosus to consolidate food delivery and expand e-commerce and payments, while remaining a large Tencent believer and selling less of that stake. He also criticizes European competition rules that force Prosus to divest its Delivery Hero stake.

Prosus CEO says the company has at least $10 billion for continued investment.
He expects AI growth to broaden outside the US after decoupling.
India and Latin America are highlighted for more IPOs, acquisitions, and tech expansion.
Europe remains a key market, but the CEO criticizes competition policy and forced divestitures.
Prosus plans to pursue food-delivery consolidation and expand e-commerce and payments.
Prosus remains a big Tencent believer and is selling less Tencent while increasing buybacks.
Delivery Hero stake must be divested under Just Eat Takeaway remedies.

Ideas

Fabricio Bloisi CEO, Prosus and Naspers Group 0:14

Prosus can connect AI to global consumers.

Prosus has at least $10 billion to keep investing and is buying assets globally; it aims to be the leading non-US/China platform connecting AI to 1 billion customers across food delivery, travel, mobility, events, grocery, pharmacy, e-commerce and payments, and it is keeping or increasing buybacks while selling less Tencent and divesting other less future-oriented assets.

Fabricio Bloisi CEO, Prosus and Naspers Group 0:50

AI growth broadens beyond the US.

The speaker believes a new world order and US-China decoupling will shift technology wealth creation away from the US, producing much more growth in AI technology outside the US; Prosus is positioned as a major non-US/China player and is investing in those regions.

Fabricio Bloisi CEO, Prosus and Naspers Group 1:05

India offers high growth and IPOs.

India is a key growth market: Prosus is investing heavily, completed five IPOs there, is ready for more acquisitions, investments and IPOs, and sees an economy growing well above 7% as the fourth-largest economy.

Fabricio Bloisi CEO, Prosus and Naspers Group 1:16

Latin America offers more tech opportunities.

Prosus has built a large Latin American tech group and has made acquisitions there; the speaker sees much more opportunity and space to invest in the region.

Fabricio Bloisi CEO, Prosus and Naspers Group 1:27

Europe needs bigger technology champions.

Europe is a passion and Prosus is committed to it, having invested $6 billion in Just Eat Takeaway and La Centrale and seeing scope to do much more, faster; he argues Europe needs bigger tech champions for sovereignty, though regulation is a hurdle.

Fabricio Bloisi CEO, Prosus and Naspers Group 1:48

Prosus forced to divest Delivery Hero.

As part of the Just Eat Takeaway acquisition remedies, Prosus is legally required to divest its Delivery Hero stake, creating a potential overhang; the speaker criticizes the forced divestment as a mistake for Europe.

Fabricio Bloisi CEO, Prosus and Naspers Group 5:10

Food delivery consolidation creates opportunities.

Prosus plans to keep expanding its delivery marketplace and will look for food delivery consolidation and adjacencies, using its global scale and capital to make customers' lives easier.

Fabricio Bloisi CEO, Prosus and Naspers Group 5:59

Tencent's WeChat is key AI asset.

Prosus is a big Tencent shareholder and believer; Tencent is China's biggest company and WeChat is an amazing asset in the AI world. Prosus is selling much less Tencent and even increasing buybacks financed more by non-Tencent assets, implying confidence in Tencent's future.

Davos: Prosus CEO Says Tech Giant Has 'At Least' $10 Bln to Keep Investing

Summary

Ideas

Up Next