Prosus Unveils Strategic Blueprint for Europe to Forge Its Own Big Tech Titans

Prosus outlines how Europe can build its own Tech Champions League and create its first trillion-dollar tech company.

(IN BRIEF) Prosus believes that Europe has the necessary elements—top-tier technology talent, innovative research, and a flourishing startup scene—to create a league of Big Tech companies capable of competing with the leading tech giants from the US and China. A new research report, titled “Towards a European Tech Champions League: The Case for European Big Tech” and produced in collaboration with dealroom.co, examines the challenges and prospects for building Europe’s first trillion-dollar tech company. The report emphasizes the importance of developing compounding tech ecosystems, where a company’s core strengths drive the growth of additional interconnected businesses. It also stresses the need for strategic investments, regulatory reforms, a unified capital market, and the attraction of global talent to build competitive tech hubs. Prosus envisions substantial investment opportunities, including over US$10 billion in European tech, the launch of a global AI lab in Amsterdam, and the development of a European ecosystem player worth more than US$100 billion. Fabricio Bloisi, Prosus Group CEO, asserts that Europe must move beyond its regulatory caution to foster innovation and job creation, paving the way for a new generation of trillion-dollar companies.

(PRESS RELEASE) AMSTERDAM, 18-Mar-2025 — /EuropaWire/ — Prosus N.V. (AMS: PRX), a global consumer internet group and one of the largest technology investors and operators in the world, is confident that Europe possesses the ideal recipe—world-class tech talent, pioneering research, and a vibrant startup ecosystem—to cultivate its own Champions League of Big Tech companies capable of rivaling the US’s “Magnificent 7” and China’s “Terrific 10.” This conviction is supported by a new research report, developed in partnership with the global intelligence platform dealroom.co, that delves into the challenges and opportunities facing Europe in its quest to nurture tech champions.

Titled “Towards a European Tech Champions League: The Case for European Big Tech,” the report explores how Europe can assemble the compounding tech ecosystems necessary to build its first trillion-dollar company. The analysis outlines a strategic blueprint similar to the playbooks that have driven success in the US and China. It argues that, to achieve the trillion-dollar mark, European companies must leverage their existing strengths to expand into interconnected business areas, thereby creating robust networks of products and services that mutually reinforce growth.

The report highlights several key strategies for Europe to reach this ambitious goal. It calls for substantial investments in category-defining tech champions, the streamlining of regulations to encourage innovation, and the unification of capital markets to scale new ideas. Additionally, the report emphasizes the need to attract top global talent and foster strong tech hubs. Prosus envisions opportunities for investments exceeding US$10 billion in European tech, the establishment of a global AI lab in Amsterdam, and the creation of a European ecosystem player valued at over US$100 billion, all of which would bolster European competitiveness on the global stage.

“Europe has all the ingredients for a thriving ecosystem, but it’s getting stuck with too much focus on risks and regulations,” explained Fabricio Bloisi, Prosus Group CEO. “Europe needs more Big Tech to drive innovation, create jobs, and shape the future. At Prosus, we are ready to do our part and help build the next generation of European US$1 trillion companies.”

The full report is available for download, along with an accompanying blog post that details why now is the time for Europe to boldly invest in its tech future.

Download the full report and read our blog post to learn why it’s time for Europe to go big on tech.

SOURCE: Prosus