Naspers subsidiary Prosus is aiming to double its revenue over the next three years, its CEO said.
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AI is being used across Naspers and Prosus subsidiaries for tasks ranging from fraud detection to customer recommendations.
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Prosus on Monday reported full-year core headline earnings of $7.4-billion, up 47% year on year.
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Ervin Tu, group president and chief investment officer of Prosus, is stepping down from his role.
South Africa’s benchmark stock index is heading for its best month in almost a year.
Prosus expects adjusted profit at its e-commerce business to exceed its guidance and reach $435-million this fiscal year.
Nico Marais has been appointed as chief financial officer of Naspers and its European-listed spin-off Prosus.
Bloisi is betting his deal to buy Just Eat Takeaway might kick off the shake-up he says the European tech sector needs.