PROSUS CEO believes that European delivery app reshuffle

(Bloomberg) – Fabricio Bloisi, CEO of Prosus NV, was given a task when he started his new growth and cohesion strategy a year ago, which is the cohesion of the company, an investment of more than 100 companies across five continents. Bloisi is betting on a deal for $4.3 billion to buy a Dutch food delivery company, saying the possibility of paying, he said the European technology sector needs demand and makes Prosus’ effort to create a lifestyle that spans on-demand services – experience of super apps. Billion,” Bloyce said in an interview this month. “It’s the delivery of food, but it’s the same for messaging, e-commerce or payments – Europe lacks tech companies compatible with its size. “The 47-year-old, who worked in the job in July, is motivated to find a new source of growth. If he can double the company’s valuation by June 30, 2028, he will receive a $100 million bonus. His biggest deal so far will make it the fourth largest food delivery company in the world with its total transaction value. The company also owns Brazil’s IFOOD and owns stakes in China’s Meituan, India’s Swiggy and Germany’s delivery heroes.
Prosus is controlled by Naspers, a South African publisher founded in 1915, which transformed itself into a global investor and made prescient early bets on Tencent in China in 2001. The shares are now worth $136 billion. Naspers founded Prosus listed in Amsterdam, mainly an investment vehicle. Bloisi is running in both groups. Doordash Inc., which controls two-thirds of the U.S. restaurant delivery market, proposed to buy the UK’s Deliveroo Plc for about $3.6 billion, the companies said Friday. Like many of its competitors in Europe, Deliveroo has been working to keep growing after its initial surge during the Covid-19 lockdown. The company plans to exit its Hong Kong market, where it is defeated by its larger rival Meituan. Bloisi has previously built IFOIS from 20 people operations to Brazil’s largest online delivery company. His current plan is to provide customers with a variety of services including on-demand food delivery, travel and entertainment after Meituan. Since leading PROUS, Bloisi has also acquired online travel agency Despegar for $1.7 billion. The idea is to use the food delivery app to provide other services. The company started with IFOOD and has about 120 million a month. Diego Barreto, the division’s CEO, said the company plans to integrate the app with online travel agency Despegar and ticketing company Sympla, another Prosus property. “If a customer orders food from different locations to where he lives, the customer may travel and he will look for an experience,” Broissi said. “We will be based on food.” He also plans to build an AI center in Amsterdam, which will run data through AI models to integrate the company’s food delivery, payments, travel, travel and e-commerce businesses into its independent European market, similar to those of India and Latino, which employs 1,000 businesses and similar businesses in India, as well as businesses in India and Latino, as well as businesses in India and India.
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