Naspers Exceeds 2025 E-Commerce Earnings Target Under New CEO Fabricio Bloisi

South Africa’s largest company, Naspers, has delivered a standout performance in its 2025 financial year, smashing its e-commerce earnings target and laying out a bold vision for further global growth.

Fabricio Bloisi, group CEO of both Naspers and its international arm Prosus, revealed the update to shareholders in a voluntary business briefing on Thursday, 8 May. The update comes ahead of the group’s official full-year results presentation scheduled for June.

Bloisi confirmed that Naspers’ e-commerce operations reported over $435 million in adjusted earnings before interest and tax (AEBIT) for the 2025 fiscal year—well above the $400 million goal he had originally set.

“Our intent is to keep that pace up this year (2025) and deliver $400 million in Adjusted EBIT. We’ve now exceeded that—and we’re not slowing down,” said Bloisi.

A Transformational Year for Naspers and Prosus

Since taking the reins in 2024, Bloisi has promised to drive aggressive growth across Naspers’ global e-commerce assets. In just one year, the group has hit major milestones, including:

• OLX: 50% boost in adjusted earnings to $270 million

• iFood: Doubled its earnings to over $200 million

• India: $8.6 billion invested, with strong returns and growing potential, especially in ride-hailing

• Strategic Acquisitions:

  • Despegar, a leading online travel platform in Latin America

  • JustEatTakeaway, a major food delivery player in Europe

“These businesses are profitable leaders in their industries,” Bloisi said. “We’re confident we can help them scale even further and create long-term value.”

Vision for 2026 and Beyond

Looking ahead, Bloisi is setting an equally ambitious tone.

“For FY 2026, I want to achieve at least the same level of incremental AEBIT. We should be measuring our results not by the millions, but by many, many billions—and we will get there.”

The group’s continued investment in key markets such as India, Europe, and Latin America—combined with its strong track record in profitability—positions it as a major global tech and e-commerce force.

With a market cap of $44.57 billion, Naspers remains the largest company on the JSE. Its majority-owned subsidiary, Prosus, continues to lead Naspers’ international expansion and innovation in the digital economy.

More detailed financials and insights into the group’s next phase of growth will be revealed during Naspers’ full-year results presentation in June. But the message from Bloisi is clear: Naspers is not only meeting expectations—it’s redefining them.

{Source: BusinessTech}

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