Prosus Seeks Further Food Delivery, Ed-Tech Acquisitions, CEO Says

The video discusses the company's strategic financial decisions, including a share buyback due to strong growth and stock undervaluation. It covers the missed Just Eat deal, emphasizing financial discipline and risk management. The company focuses on investments in food delivery and technology, accelerated by COVID-19. Post-COVID, online models and user behavior changes are expected to persist. The video also explores the market dynamics between Process and Naspers, highlighting the diversification of the shareholder base.

What is the primary reason for the company initiating a share buyback program?

• Due to high valuations and stock trading at a discount

• To increase stock prices artificially

• To reduce company debt

• To attract new investors

How did the company demonstrate discipline in its acquisition strategy?

• By acquiring multiple companies at once

• By investing in unrelated sectors

• By not overpaying for the Just Eat deal

• By focusing only on local markets

Which sectors did the company focus its investments on during the last six months?

• Healthcare and pharmaceuticals

• Automotive and manufacturing

• Real estate and construction

• Food delivery and edtech

What impact did COVID-19 have on the company's business models?

• It had no impact on the business

• It led to a complete business overhaul

• It accelerated growth in online models

• It slowed down growth significantly

What was one of the main objectives of the Prosus listing?

• To reduce the company's size

• To diversify the shareholder base

• To merge with another company

• To exit the stock market

Why has the gap between Prosus and Tencent not narrowed?

• Due to regulatory issues

• Because of poor financial performance

• Because of the company's success and index pressure

• Due to a lack of investor interest

What challenge did the company face after outperforming the JSE stock index?

• Regulatory fines

• Increased competition

• Pressure on the stock discount

• Loss of market share