Prosus CEO Van Dijk Says Buyback Program Unlocked $15 Billion in Value

The transcript discusses the economic uncertainty and potential opportunities for investment, particularly in food delivery and e-commerce. It highlights the company's focus on areas with limited risk and high return potential. Despite economic challenges like inflation and recession risks, the company expects strong growth due to the secular trend of online activities. The transcript also covers the strategy of selling down stakes in Tencent and buying back shares, which has created significant value for shareholders. The discussion emphasizes the importance of having cash on hand during uncertain times.

How does the e-commerce business performance relate to overall economic growth?

What is the significance of selling down the stake in $0.10 and buying back shares?

What does the discount in share price indicate about the company's valuation?