Market players see Naspers’ decision to elevate iFood CEO Fabricio Bloisi to head the group, which includes Amsterdam-listed Prosus, as a signal that the business wants an operator who can help to grow and scale its e-commerce portfolio, which is on the cusp of making real profits. 

On Friday, the group announced (https://www.businesslive.co.za/bd/companies/telecoms-and-technology/2024-05-17-fabricio-bloisi-appointed-ceo-of-naspers-and-prosus/) that Bloisi had been appointed CEO of the JSE’s largest group with effect from July 1. This came as a surprise for many who had expected interim CEO Ervin Tu to get the role. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.