---
title: "Prosus Shares Drop After Warning on Adjusted Profit Hit due to iFood Investments"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286062344.md"
description: "Prosus shares fell 6.4% to 38.42 euros after CEO Fabricio Bloisi announced that increased investments in iFood would lower adjusted earnings for fiscal 2027 to between $100 million and $150 million. Despite the impact on net revenues, Bloisi expects strong growth in key performance indicators for orders and gross merchandise value. The company reported over $7.3 billion in revenue and more than $1.1 billion in adjusted earnings for the year ending March 31."
datetime: "2026-05-12T08:40:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286062344.md)
  - [en](https://longbridge.com/en/news/286062344.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286062344.md)
---

# Prosus Shares Drop After Warning on Adjusted Profit Hit due to iFood Investments

By Nina Kienle

Shares in Tencent shareholder Prosus dropped after Chief Executive Fabricio Bloisi said that an accelerated investment in iFood would result in reduced adjusted earnings for the fiscal year.

In early European trade, shares trade 6.4% lower at 38.42 euros.

In a letter to partners, Bloisi said the Amsterdam-listed technology investor would increase investments into iFood, after the food ordering and delivery platform delivered its full-year targets in a highly competitive market.

The investment, which aims to build out and expand products, will reduce adjusted earnings before interest, taxes, depreciation, and amortization in fiscal 2027 to a range between $100 million to $150 million, Bloisi said Tuesday.

"While investments in food delivery will be significant and will impact net revenues, given how some of the spend is accounted for, we expect strong key performance indicators on orders and gross merchandise value growth," the chief executive said.

Meanwhile, Bloisi said the company hit targets of more than $7.3 billion in revenue and more than $1.1 billion in adjusted earnings before interest, taxes, depreciation, and amortization in ecommerce for the year ended March 31.

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

May 12, 2026 04:27 ET (08:27 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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