Prosus NV

Prosus NV engages in the provision of different technology platforms. It operates through the following segments: Ecommerce, Social and Internet Platforms, and Corporate. The Ecommerce segment operates internet platforms to provide various services and products, and includes classifieds, payments and fintech, food delivery, etail, travel, and other ecommerce. The Social and Internet Platforms segment holds listed investments in social and internet platforms through Tencent and Mail.ru. The Corporate segment comprises entities which provide various corporate functions and activities. The company was founded on April 3, 1997 and is headquartered in Amsterdam, the Netherlands.

Prosus is a long undervalued stock trading at a >35% discount to its NAV, with strong potential for unlocking significant value through its investments. Prosus is one of the largest technology investors, with a diverse and high-quality investment portfolio in listed and privately held companies. Prosus is expected to benefit in the short term, as management reduces the holding discount and Tencent valuations improve.

Prosus: A Great Long-Term Play, With Clear Short-Term Upside Potential

Prosus N.V. has a good chance of outperforming the market with strong revenue and earnings growth predicted for FY25 while the valuation remains extremely low. Prosus operates global e-commerce businesses and is well-positioned to benefit from the growing global e-commerce market. The company's solid financials puts Prosus in a great position to expand as the industry grows.

Prosus N.V. To Rise On Strong Growth And Deep Low Valuation

Naspers Ltd

With a substantial holding in Tencent Holdings and other publicly listed, mark-to-market non-operating assets, Naspers Limited consolidated and non-consolidated growth holdings are negatively valued. While some are closer to a venture profile, most are clearly inflecting into profitability. Poor funding conditions could not even justify a $0 value in this case, let alone negative. Taking a conservative sum-of-the-parts approach to the non-public portfolio, the Naspers upside opportunity is almost 40% based on the NAV discount.

Naspers: Prosus Not Fully Recognised, Venture Assets Negatively Valued

MercadoLibre

Investors interested in stocks from the Internet - Commerce sector have probably already heard of Prosus N.V. Sponsored ADR (PROSY) and MercadoLibre (MELI).

PROSY vs. MELI: Which Stock Is the Better Value Option?

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Amazon

Investors with an interest in Internet - Commerce stocks have likely encountered both Prosus N.V. Sponsored ADR (PROSY) and Amazon (AMZN).

PROSY vs. AMZN: Which Stock Is the Better Value Option?

Investors interested in stocks from the Internet - Commerce sector have probably already heard of Prosus N.V. Sponsored ADR (PROSY) and Amazon (AMZN).

PROSY vs. AMZN: Which Stock Should Value Investors Buy Now?

Tencent Holdings Limited

Naspers and Prosus released their usual deluge of media and analyst releases, reports and presentations, highlighting improved KPIs. However, while improvements are real, overall profitability of the ex-Tencent portfolio will be achieved also thanks to some adjustments and disposals. Overall, the NAV discount is unlikely to shrink unless management delivers real and predictable growth.

Naspers And Prosus: Still Questionable Profitability Of Ex-Tencent Portfolio

AMSTERDAM--(BUSINESS WIRE)--Prosus N.V. (Prosus) (AEX and JSE: PRX): Prosus is successfully delivering on its commitments. The fundamentals of its operating businesses are improving, driving proftable growth. The ongoing open-ended buyback continues to compound value over time and the removal of the cross-holding agreement has greatly simplified the Group's structure. Lastly, with its strong balance sheet and through active portfolio management, the Group is well positioned to generate improved.

Prosus Accelerates Profitability Target and Delivers on Objectives

Does Prosus N.V. Sponsored ADR (PROSY) have what it takes to be a top stock pick for momentum investors?

Prosus N.V. Sponsored ADR (PROSY) is a Great Momentum Stock: Should You Buy?

Given the ongoing buybacks at all levels of the triad, we should expect Naspers to outperform Prosus and Tencent to underperform both. Yet this is not happening. In this article, I will investigate the underlying dynamics and propose a solution for the enigma.

Naspers And Prosus: Printing Money In Vain

AMSTERDAM--(BUSINESS WIRE)--Prosus N.V. (Prosus) (AEX and JSE: PRX): To continue its value accretive open-ended share repurchase programme, this week Prosus will convert 96 million Tencent shares it owns from certificate form to digital form, through a process of dematerialisation. This represents approximately 1% of the issued share capital of Tencent. This is in line with the action taken in April 2023. On 27 June 2022, Prosus and Naspers announced the launch of an open-ended share repurchase.

Prosus Updates on Open-ended Share Repurchase Programme

Netherlands-based PayU plans to ask for regulatory approval in February for an initial public offering worth at least $500 million in India, three people with direct knowledge said.

Prosus-owned PayU targets Feb for India IPO filing, hires bankers-sources

The immediate and mutually agreed departure of Naspers and Prosus CEO Bob van Dijk underscores a complicated few years.

Tencent investors Naspers and Prosus announce abrupt departure of CEO Bob van Dijk

Prosus, the global consumer internet group owned by South African tech giant Naspers, has announced that Bob van Dijk is stepping down as CEO of both companies with immediate effect. The Euronext Amsterdam-listed company, which has secondary listings in Johannesburg, gave no reason for the surprise resignation.

Tencent investors Prosus and Naspers announce surprise resignation of CEO Bon van Dijk

South Africa's most valuable listed company appoints former SoftBank executive as its interim chief.

CEO of Naspers and Prosus Steps Down

CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (JSE: NPN) and Prosus (AEX and JSE Share Code: PRX) announced today that Bob van Dijk is stepping down as CEO and Board member of Naspers and Prosus after 10 successful years of leadership. Ervin Tu, presently Group Chief Investment Officer, was appointed Interim CEO. Bob will assist with this transition and will remain as a consultant to the Boards until 30 September 2024. Over his tenure, Bob has contributed meaningfully to the success.

Naspers and Prosus Announce Executive Leadership and Board Change

Bob van Dijk, the chief executive of Naspers and Prosus, has stepped down from his position effective immediately in a surprising move at the firms that own and are major backers of several large software businesses and startups globally.

Prosus, Naspers CEO Bob van Dijk abruptly steps down

AMSTERDAM--(BUSINESS WIRE)--Prosus N.V. (Prosus) (AEX and JSE: PRX) The annual general meeting (AGM) of the shareholders of Prosus was held today. Shareholders are advised that all resolutions set out in the notice of the AGM were passed by the requisite majority of shareholders represented at the AGM and adopted, including all the resolutions required to implement the proposed transaction to remove the cross-holding structure between Naspers Limited and Prosus that was announced on Tuesday, 27.

Prosus N.V.: Results of Annual General Meeting

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A key Byju's investor has gone on record to express its disappointment in the edtech giant's governance issue, just weeks after all the independent members quit the startup's board. Prosus said on Tuesday that Byju's “reporting and governance structures did not evolve sufficiently for a company of that scale,” and it “disregarded advice and recommendations.

Prosus questions Byju's governance, says Indian edtech ‘regularly disregarded advice'

AMSTERDAM--(BUSINESS WIRE)--Distribution of notice of hybrid annual general meeting Prosus N.V. (Prosus) (AEX and JSE: PRX): Prosus shareholders are advised that notice is hereby given, in terms of the notice of annual general meeting published today, on 12 July 2023, that the hybrid annual general meeting of Prosus (the Annual General Meeting) will be held at 14:00 CET on Wednesday, 23 August 2023, at The Warehouse, Generaal Vetterstraat 51-A, 1059 BT Amsterdam, the Netherlands. Prosus will, i.

Prosus N.V.: Notice of Hybrid Annual General Meeting and Cash Dividend Declaration

Naspers and Prosus announced a proposal to remove the much-hated cross-holding structure. While the transaction is quite complex, its outcome is actually a real simplification. However, one of the two companies will benefit more than the other from the proposal.

The Naspers-Prosus Simplification: Who Will Benefit

Prosus N.V. (OTCPK:PROSY) Q4 2023 Earnings Conference Call June 27, 2023 10:00 AM ET Company Participants Eoin Ryan - IR Bob van Dijk - CEO Basil Sgourdos - CFO Larry Illg - CEO, Prosus, Food Delivery & Edtech Ervin Tu - Group Chief Investment Officer Conference Call Participants Joseph Barnet-Lamb - Credit Suisse Cesar Tiron - Bank of America Christopher Johnen - HSBC William Packer - Exane BNP Paribas Andrew Ross - Barclays Lisa Yang - Goldman Sachs Catherine O'Neill - Citi Warwick Bam - RMB Morgan Stanley Silvia Cuneo - Deutsche Bank Operator Good day, ladies and gentlemen, and welcome to the Prosus Naspers FY ‘23 Results Call.

Prosus N.V. (PROSY) Q4 2023 Earnings Call Transcript

Prosus , one of the world's biggest investors in technology and operators of consumer Internet companies, on Tuesday reported a fall in 2023 profit but said trading had improved in the second half of the year.

News for Prosus NV Stock (PROSY)