- Prosus listed on Euronext Amsterdam in September 2019 and is one of the top ten consumer internet companies globally -
Amsterdam, 18 November 2019:
Prosus, the global consumer internet group and one of the largest technology investors in the world, welcomed today Mark Rutte, Prime Minister of the Netherlands, who visited Prosus's global Artificial Intelligence and Machine Learning team and opened the company’s new global headquarters in Amsterdam. Prosus listed
on Euronext Amsterdam in September 2019, becoming Europe’s largest listed consumer internet company and one of the top ten consumer internet companies globally.
Prosus focuses on long-term value creation by building leading companies that improve people’s daily lives in high-growth markets. It is a strategic investor and an operator of fast-growing consumer internet businesses, particularly focused on online classifieds, payments and fintech, and food delivery in markets including India, Russia and Brazil. Its ventures arm, with on-the-ground teams in markets across the world, pursues new growth opportunities for the group and in recent years has made early stage investments in numerous sectors including edtech and health. Prosus also has meaningful investments in leading internet companies Tencent, Mail.ru and Ctrip.
Prosus’s CEO and members of the senior leadership team are based in The Netherlands. Also based in Amsterdam are the company’s Product and Growth team and Artificial Intelligence and Machine Learning team, which support Prosus portfolio companies across the world to grow and scale their businesses. Amsterdam is also the location of the global headquarters of OLX Group, the online classifieds business of Prosus, and PayU, the payments and fintech business of Prosus.
Prosus is part of the Naspers Group, which has had a long association with the Netherlands since first establishing its presence in Amsterdam in the early ‘90s when it built out its former European pay-TV operations.
Bob van Dijk, Group CEO of Prosus and Naspers, said: “We considered many locations across the world for the listing of Prosus and ultimately choose Amsterdam due to the strength of its stock exchange, the vibrancy of the city which makes it attractive for talent, our long association with the Netherlands and the country’s pro-business environment. The opening of our new global headquarters in Amsterdam is testament to the city’s position as a tech hub for Europe.”
Mark Rutte, Prime Minster of the Netherlands, said: “I am pleased to open Prosus’s new global headquarters and that Amsterdam is home to another cutting-edge tech company.”
Notes to editor
The Prosus Product and Growth team
advises on new Prosus investments and provides operating guidance to Prosus’s global portfolio in the areas of product/UX, engineering, marketing/growth, and analytics.
The Prosus Artificial Intelligence and Machine Learning team
helps Prosus companies across the world to accelerate and scale adoption of AI and Machine Learning and aid their business growth, as well as design the next generation of AI-based products and services.
Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.
The group is focused on building meaningful businesses in the online classifieds, payments and fintech, and food delivery sectors in markets including India, Russia and Brazil. Through its ventures team investments, in areas including edtech and health, Prosus actively seeks new opportunities to partner with exceptional entrepreneurs who are using technology to address big societal needs.
Every day, millions of people use the products and services of companies that Prosus has invested in, acquired or built, including Avito, Brainly, BYJU’S, Codecademy, eMAG, Honor, iFood, LazyPay, letgo, Meesho, Movile, OLX, PayU, Red Dot Payments, Remitly, SimilarWeb, SoloLearn, Swiggy, and Udemy.
Similarly, hundreds of millions of people have made the platforms of its associates a part of their daily lives: Tencent (www.tencent.com; SEHK:00700), Mail.ru (www.corp.mail.ru; LSE:MAIL), Ctrip.com International Limited (“Ctrip”) (NASDAQ:CTRP), and DeliveryHero (www.deliveryhero.com; Xetra:DHER).
Today, Prosus companies and associates help improve the lives of around a fifth of the world’s population.
Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and a secondary listing on the Johannesburg Stock Exchange (XJSE:PRX), and is majority owned by Naspers.
For more information, please visit www.prosus.com.
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