Founder of Movile and CEO of iFood assumes the presidency of one of the largest internet groups in the world and becomes responsible for operations in more than 100 countries. Diego Barreto is the new CEO of iFood.
São Paulo, May 17, 2024 – Fabricio Bloisi, founder of Movile and who became president of iFood in 2019, was appointed to assume the presidency of Prosus and Naspers worldwide from July 1st. The Amsterdam-based company, an investor in Movile since 2013, believed, together with the Bahian businessman, in the potential of iFood and since then together they have built iFood as it is today, an example of a Brazilian technology and artificial intelligence company that is among the most innovative companies in the world.
It will be the first time that an executive from a Brazilian technology company takes over the operation of a global giant leaving directly from Brazil. This fact stems from the success of Movile and iFood, both led by Fabrício, who over the years has become an example for internet and technology companies around the world, given his management model, people, culture, social impact and results. “I am proud that we have transformed iFood into one of the biggest and most successful brands in Latin America,” said Bloisi. He continues, “This has been driven by a passionate team, balancing innovation with disciplined investment, acting quickly and empowering our people. iFood focuses on innovation and discipline, which combined with our exceptional people, knowledge and culture, has been a proven recipe for success. This combination is in my DNA and I’m excited to bring it to my new role as CEO of Prosus and Naspers.”
Fabrício will manage a global consumer-facing internet group, which includes sectors such as food delivery, online classifieds, fintech and education in markets such as Europe, China, India and Brazil. Prosus has more than 2 billion customers using its products and services in more than 100 countries on five continents. Since 2008, the company has invested more than US$30 billion in more than 90 technology companies, with iFood being one of its most successful investments. Prosus is also a relevant investor in companies such as Tencent, Meituan, OLX, Delivery Hero, among other global giants. In Brazil, Prosus is also an investor in Kovi, Creditas, Sympla, among other startups.
Fabrício remains president of the iFood Board and shareholder of the company, which now has Diego Barreto as executive president.
Diego arrived at the Movile Group in 2016 and started working at iFood in 2018, when he took over as CFO and Vice President of Strategy. “It's been 6 years working alongside Fabrício, sharing his vision of the future, important decisions and contributing to the consolidation of iFood's culture, for its growth and innovation”, says Diego. According to him, his management is anchored in iFood's current vision and strategy and will continue the company's growth and innovation plan, in addition to generating a positive impact through education for the country.
Diego is from Minas Gerais, graduated in Law from PUC São Paulo with an MBA from IMD Business School. He is the author of two best sellers: “New Economy” and “The Scientist and the Executive”.
About Prosus
Prosus is a global internet group and one of the largest technology investors in the world. Operating and investing in markets with long-term growth potential, Prosus develops leading consumer internet companies that empower people and contribute positively to communities.
The group is focused on developing significant businesses in the online classifieds, food delivery, payments and fintech and education sectors.
Through Prosus Ventures, the group invests in new technological growth opportunities in logistics, fintech, healthcare, blockchain, social and e-commerce platforms, agriculture and more.
The team actively supports exceptional entrepreneurs who are using technology to improve people's everyday lives.
Every month, more than 2 billion customers around the world use the products and services of companies in which Prosus has invested, acquired or built.
To learn more about Prosus, visit www.prosus.com
About iFood
iFood is a Brazilian technology company that is a reference in online delivery in Latin America, which brings customers, restaurants, supermarkets and delivery people together in a simple and practical way. iFood aims to feed the future of Brazil and the world, transforming society through education and technology, food security, inclusion and with a positive socio-environmental impact.
Using global standard technology and artificial intelligence, iFood moves 96 million orders per month, through an ecosystem made up of 300,000 connected delivery people, 350,000 partner establishments, including restaurants, markets and pharmacies, and present in around 1,700 Brazilian cities. iFood goes beyond food delivery and is also growing in businesses such as markets, pharmacy, pet, fintech and benefits, combining technology and convenience in delivering solutions to partners.
To learn more about iFood, visit: www.institucional.ifood.com.br
