Prosus reports $7.3 billion in revenue and profitability across all business units ahead of full FY26 results in June

CEO Fabricio Bloisi signals the company will shift focus to execution and AI deployment in FY27 after hitting EBITDA targets across iFood, OLX and Just Eat Takeaway

Naspers and Prosus CEO Fabricio Bloisi.

Prosus, the Amsterdam-headquartered consumer internet and technology investment group that was spun out of South African media company Naspers in 2019, has provided a shareholder update indicating that its financial year ending in 2026 will show what CEO Fabricio Bloisi describes as a strong performance across its portfolio. Full results are due in June.

In the update, Bloisi confirmed that Prosus hit its revenue guidance of more than $7.3 billion and exceeded $1.1 billion in e-commerce adjusted EBITDA, excluding Just Eat Takeaway (JET) and La Centrale. All of the group's ecosystem businesses are now profitable, and free cash flow excluding its stake in Tencent, the Chinese technology company in which Prosus holds a significant investment, continues to grow.

"You will see it was a very strong year for Prosus. I am proud to share that we hit the ambitious guidance of +$7.3 billion in revenue and +$1.1 billion in e-commerce adjusted EBITDA (excluding JET and La Centrale). All of our ecosystems are now profitable and our free cash flow, excluding Tencent, continues to grow."

Among the individual businesses, iFood, the Brazilian food delivery platform, delivered its FY26 targets in what Bloisi described as a competitive market. OLX, the classifieds and marketplace platform, reported strong revenue growth with expanding margins and hit its EBITDA target of more than $450 million for the year. JET, which Prosus acquired through its takeover of Just Eat Takeaway.com, is operating with improved execution, though overall order volumes declined 7% year on year. For FY27, JET is targeting more than $3.6 billion in revenue and more than $100 million in EBITDA.

With FY26 expected to close on these numbers, Bloisi framed FY27 as a year focused on converting recent investments into operating results rather than introducing further structural changes. The areas of focus include AI deployment across the group's platforms, expansion of existing businesses and deeper integration between the companies in the Prosus portfolio.

"FY27 is a year of execution, both on operations and on delivering innovation, we expect to position Prosus as a global tech company poised to ride the next growth curve of technology and we expect to have significant progress to share over the coming year."

On the AI side, Prosus currently runs 5,000 AI agents daily across its businesses, completing approximately 4 million tasks per month, which Bloisi says delivers the equivalent output of more than 1,000 full-time employees across the group. The company is also extending agent-based systems to external partners within its ecosystems, including restaurants, merchants and service providers, with early deployments showing measurable efficiency gains. The group continues to develop what it calls its large commerce model, which applies AI to improve product recommendations and personalisation across its marketplace and delivery platforms.

For South African investors, the update is relevant because Naspers remains a major shareholder in Prosus, and the performance of Prosus directly affects the valuation of Naspers, which is one of the largest companies listed on the Johannesburg Stock Exchange. Bloisi noted that while FY26 established a profitability baseline, FY27 is expected to involve increased investment in key markets where competition is intensifying.

"Prosus operates as a tech-driven company, consistently using tech as a source of competitive advantage. We use 5 000 AI agents daily with ~4 million tasks completed monthly, delivering a 1 000+ FTE impact across our ecosystem."