Prosus e-commerce profit jumps 70% as AI-driven ecosystem strategy gains traction

Stephen Grootes speaks to Nico Marais, Naspers and Prosus Group CFO about the tech giant’s interim results, its $7.3 billion revenue outlook, and how disciplined capital allocation supports global growth.

Listen to the interview in the audio player below.

Prosus reported a sharp acceleration in profitability across its e-commerce portfolio, with profits rising 70% to US$530 million in the first half of FY26, as the global technology investor pressed ahead with its AI-first ecosystem strategy across Latin America, Europe and India.

Naspers is the parent company of Prosus, and also owns several South African businesses, including Takealot, Mr D Food, Media24, AutoTrader, and Property24

Group ecommerce revenue rose 22% to US$3.6 billion, while free cash flow improved by US$399 million to US$1.3 billion.

The company says the strong performance reflects disciplined execution and an acceleration in synergies across the portfolio. Prosus has deployed more than 20,000 AI agents across its operations, positioning itself as an 'AI-first organisation.'

The company has already completed US$1.2 billion in asset sales this financial year and remains on track to unlock around US$2 billion from its broader portfolio.

Prosus reaffirmed its full-year guidance of US$1.1 billion in adjusted EBITDA, with all operated usinesses now profitable.

Prosus also highlighted US$63 billion in value created through its ongoing share-buyback programme and the narrowing of the group’s discount to net asset value.

Speaking to Stephen Grootes on The Money Show, Nico Marais, Naspers and Prosus Group CFO says the Group's ecosystem strategy is beginning ti deliver strong results.

"The highlights from me is really the strong growth we're achieving in Latin America through our iFood business, that grew 35%. But also OLX in Europe, 17% growth, and even in India our PayU fintech business actually improved their results meaningfully," says Marais.

"Indeed we are starting to deliver on many of the ambitions that we set out to the market in the last year."

"What we want to do is firstly bring the learnings from our successes in iFood in Latin America, but also the wider ecosystem in terms of our AI investments and initiatives that we have to the fore, and also the newer acquisitions in the portfolio, like Just Eat Takeaway," adds Marais.

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