Person
1 episodes · 19 quoted claims
Fabricio Bloisi says Prosus offers food delivery, payments and lifestyle services such as events and travel to 1.5 billion customers.
“we offer amazing products for 1.5 billion customers on delivery, food delivery, on top of that payment, on top of that lifestyle services like events and travel.”
Bloisi says Prosus owns 25% of Tencent, having invested in China about twenty-five years ago.
“we own 25% of Tencent. We invested in China twenty five years ago, and it was more or less like India today.”
Bloisi says Prosus bought the travel company Despegar about nine months before the interview and that it is growing twice as fast since.
“we bought a travel company, Despegar, Despe just nine months ago. Despegar is growing twice as fast today because we acquired it.”
Bloisi says the company he started as Movi grew into iFood over fifteen to twenty years.
“we started what was Movi and became iFood over the next fifteen years, twenty years, actually.”
Bloisi says iFood was doing 20,000 orders per month when acquired and now does 200 million per month.
“When we acquired that, it was a company doing 20,000 orders per month. This month, we are doing 200 million orders per month.”
Bloisi says Prosus has about $10 billion to $15 billion in revenue and roughly $1.5 billion in profitability.
“We have ten to $15 billion in revenue, and every day, and we are profitable now, like around $1.5 billion in profitability.”
Bloisi says iFood uses AI for homepage personalization, customer notifications, fraud prevention and customer relationship management.
“Today, for example, iFood is a company run by AI. The personalization of the first page, what we offer to the customers, the push we give to them, the anti-fraud”
Bloisi says Prosus recently invested in Indian ride-hailing company Rapido and several fintechs to offer credit to users.
“we invested in Rapido, is the number one ride hailing company. We invested in a few fintechs so we can now give credit to our users”
Bloisi says Prosus has PayU, which he calls India's biggest payment company, and Swiggy, its second-biggest food delivery company.
“We have there the biggest payment company, PayU, and we have the biggest food, the second biggest food delivery company, Swiggy.”
Bloisi says Prosus took control of Just Eat about five months before the interview and is transforming it into a technology business.
“we took the company less than six months ago, five months ago, and we transformed the company completely from a food business to a technology business.”
Bloisi says Prosus now has a large AI lab in Amsterdam after acquiring Just Eat.
“after acquiring just eat, we have now a big AI lab in Amsterdam.”
Bloisi says Prosus is obliged to sell its Delivery Hero stake and that he disagrees with that regulatory direction.
“I have an obligation to sell my participation in Delivery Hero. I absolutely disagree with this direction.”
Bloisi says about 20,000 Prosus employees are building AI agents to make their units more productive.
“Internally, we have 20,000 people creating agents that makes their subdivision more productive.”
Bloisi says he gave a course to all Prosus executives, including CEOs, so they can program software themselves.
“The last month, I gave a a a course to all our executives, starting with the CEO, so they can program by themselves.”
Bloisi says Prosus gathers senior management every two weeks and its CEOs, about thirty to forty people, every four weeks to spread best practices.
“Every two weeks, we have the senior management together, every four weeks, we put all the CEOs together, like thirty, forty people”
Bloisi says Prosus summarizes its goals on a one-page strategic map and reinforces it with all 40,000 employees monthly.
“We call our strategic map, and we reinforce that with all 40,000 people every month.”
Bloisi says Prosus is launching Token Claw, its own version of the OpenClaw AI agent tool, with all employees focused on it.
“we are launching token claw, our version of open claw. And now I have 40,000 people focusing on that.”
Bloisi says he aims for Prosus to be worth roughly half a trillion to a trillion dollars within ten years.
“In ten years' time, we will be a half 1 trillion dollar company or bigger, and a clear global leader.”
Bloisi says Prosus's Indian e-commerce companies are profitable selling items as cheap as $3 delivered nationwide.
“We have profitable e-commerce companies that sell things for $3 and deliver that in the whole country.”