By Brazil Stock Guide – Prosus, one of the world’s largest technology investment groups, began trading its Brazilian Depositary Receipts (BDRs) on the B3 exchange this Monday, October 27. The ceremony in São Paulo marks a milestone for the Amsterdam-based company, which has made Latin America — and especially Brazil — a key pillar of its global growth strategy.
Headquartered in the Netherlands and listed on Euronext under the ticker PRX.AS, Prosus has a market capitalization of around €127.4 billion (R$ 730 billion), making it one of Europe’s largest publicly traded tech groups. Controlled by South Africa’s Naspers, the company posted US$6.17 billion in revenue for fiscal 2025, up 12% from the previous year.
Its e-commerce division — which includes food delivery, fintech and classifieds — reached a record adjusted EBIT of US$435 million, while classifieds platforms such as OLX generated US$788 million, a 20% annual increase.
Prosus was formally created in 2019 as Naspers’ international internet arm, consolidating global tech holdings under a Dutch structure. Today it operates across 90 countries, with major stakes in food delivery (iFood, Swiggy), travel (Decolar), event tech (Sympla) and online marketplaces (OLX Brasil) — as well as investments in fintech, education and digital payments ventures worldwide.
At the São Paulo bell-ringing ceremony, Fabrício Bloisi, Group CEO since 2024, and Diego Barreto, Head of Prosus Latin America and CEO of iFood, highlighted the region’s strategic importance. Bloisi, who founded Movile in 1998 and scaled iFood into one of Latin America’s largest delivery ecosystems, is the first Brazilian to lead a global Big Tech group. Barreto, a lawyer with an MBA from IMD Business School, has guided iFood’s expansion into financial services, logistics and AI-driven operations.
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