Fabricio Bloisi, CEO of Naspers and Prosus, has outlined a disciplined strategic roadmap for 2026, shifting the corporate focus away from deal-making and toward aggressive internal growth and profitability. Under his leadership, the group, headquartered in Cape Town and Amsterdam, is doubling down on fundamental execution to navigate a period of heightened global economic uncertainty.
For the 2026 fiscal year, Bloisi has set ambitious performance benchmarks aimed at transforming the group’s bottom line. The primary financial targets include:
- eCommerce Revenue: Driving growth toward a $7.5 billion (R120 billion) milestone.
- Profitability: Achieving an EBITDA of $1.1 billion (R198 billion), a significant leap from the $200 million reported just three years ago.
To reach these goals, Bloisi is implementing a “zero M&A” policy for the year. Rather than pursuing new acquisitions, the group will focus 100% on efficiency and innovation within its existing portfolio.
Despite its deep roots in South Africa, owning household names like Takealot, Media24, and AutoTrader, the bulk of the group’s value remains tied to international assets and its significant stake in Chinese tech giant Tencent.
To streamline the business, Bloisi is pivoting toward a leaner model:
- Divestitures: The group expects to sell over $2 billion in non-strategic or underperforming assets this fiscal year, with even higher volumes of sales projected for the following year.
- Share Buybacks: The company continues to return value to shareholders through a buyback program running at a ~$5 billion annualized rate, funded equally by Tencent dividends and internal cash reserves.
A cornerstone of Bloisi’s 2026 agenda is the turnaround and scaling of Just Eat Takeaway (JET) in Europe. Drawing on his experience as the former CEO of Latin American giant iFood, Bloisi aims to:
- Accelerate Growth: Target a 20% increase in order volume over time.
- Rapid Execution: Use “hyper-local” testing in selected cities to validate growth hypotheses, with some regions already showing 20% year-on-year growth.
Additionally, the group is aggressively integrating Artificial Intelligence (AI) into its classifieds business, OLX. New AI-driven tools are being deployed to help real estate agents and car dealers close sales faster, while simultaneously optimizing the recruitment process for job seekers and employers.
Bloisi views the current volatile global climate as a validation of the Prosus strategy. By balancing risk across diverse geographies, the group aims to identify and scale “winners” in India, Europe, and Latin America. “By staying focused on growth, profitability, and constant innovation, I’m headed into 2026 feeling quite confident,” Bloisi stated, emphasizing that the current environment only reinforces the need for operational discipline and financial acumen.
