Interview, Fireside Chat, Conference Presentation
Fabricio Bloisi, CEO of Prosus Group at RAISE 2025
- Prosus aims to rapidly increase its valuation from under $130 billion to $200 billion in the short term, with long-term aspirations to reach half a trillion or one trillion dollars.
- The company plans to invest $15 billion to support a European AI ecosystem, including opening an AI house in Amsterdam and potentially establishing over 50 AI houses across Europe, with 10 located in France.
- Prosus intends to deploy its remaining $18 billion in cash, having already allocated $4.5 billion toward the Just Eat Takeaway acquisition pending regulatory approval.
- Future growth strategies involve heavy investment in AI, speed, and product quality, specifically targeting the application of large language models and generative AI within e-commerce operations.
- The organization expects to scale its workforce to 40,000 employees in the near future and increase headcount over the next year to support growth exceeding double its current size.
- Prosus plans to maintain investment across five specific sectors: food delivery, fintech, e-commerce, experience, and AI, while reinforcing the "Prosus Way" culture through daily AI integration.
- Efficiency gains from AI adoption are projected to drive significant profitability increases, while broader technological advancements are expected to lower service costs similar to historical precedents like elevators and newspapers.
- The company predicts that global competitors such as DoorDash and Meituan will be surpassed once Just Eat Takeaway integration is complete.
- Material risks include the potential for Europe to lose big AI centers and companies to California, Beijing, or Shenzhen if decisive government support is not provided.
- The outlook anticipates that entities not existing today will dominate the market in five years, and that failure to utilize AI for productivity could severely impact individual careers within that same five-year window.