Global Consumer Internet Group Prosus Announces Leadership Change
Prosus, a global consumer internet group, and its majority owner Naspers Limited have announced a significant change in their executive leadership. Bob van Dijk, who has been the CEO and Board member of both entities for a decade, is stepping down from his roles. Ervin Tu, the current Group Chief Investment Officer, will take on the position of Interim CEO.
Van Dijk’s Tenure and Contributions
During his tenure, van Dijk has overseen substantial growth and strategic expansion for Prosus. Under his leadership, the group solidified its position as a leading global consumer internet entity and created significant value for its shareholders. Notable achievements include establishing businesses in Classifieds, Food Delivery, and Payments sectors, as well as venturing into new sectors.
Smooth Transition to Interim CEO
Ervin Tu’s transition to the role of Interim CEO is expected to be smooth due to his influential role in shaping the company’s strategic direction. As Chief Investment Officer, Tu has played a crucial part in driving the ecommerce consolidated portfolio towards profitability and managing capital allocation across the group. Tu expressed enthusiasm about his new role and working with the exceptional team already in place.
About Prosus
Prosus is known for its global presence and ranks among the world’s largest technology investors. The group’s core operations cover online classifieds, food delivery, payments and fintech, and edtech sectors. It has a strong presence in markets such as India and Brazil. Additionally, through its ventures division, Prosus has invested in sectors including health, logistics, blockchain, and social commerce.
Prominent Companies in Prosus’ Portfolio
The group’s extensive portfolio includes prominent companies such as Tencent, Meituan, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, and SimilarWeb. Collectively, these entities impact the lives of over two billion individuals worldwide.
Listings
Prosus is primarily listed on Euronext Amsterdam, with secondary listings on the Johannesburg Stock Exchange and a2X Markets.
Hot Take: Prosus Prepares for New Leadership
Global consumer internet group Prosus has announced a leadership change as CEO Bob van Dijk steps down after a decade in the role. Ervin Tu, currently the Group Chief Investment Officer, will take over as Interim CEO. Van Dijk’s tenure has been marked by significant growth and expansion for Prosus, solidifying its position as a global leader in the consumer internet space. Tu’s transition is expected to be smooth given his influential role in shaping the company’s strategy. Prosus, known for its global footprint and diverse portfolio of tech investments, remains well-positioned under new leadership.
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