Prosus is a mobile, low-cost (USD 2) and simple web service provider in the global consumer internet industry. Their business model is based on IoT (Internet of Things) and blockchain technology, the main segments of which are managed hosting, devices, and application hosting. Prosus is currently operating in Spain, the United Kingdom, and Latin America. They offer various consumer internet services: low-cost devices and services to remote Internet access, video conferencing, smart home, tablets, mobile and digital credit.
Prosus has a variety of consumer IoT products and services, including IoT CELLSPOTS, one-time SIM cards, and smart routers. The vision of Prosus is to be the leader in the Internet of Things, offering low-cost and simple services to the world. We believe Prosus’ business model and market position are highly suitable to capitalize on the growing demand for low-cost and easy access to the internet.
Prosus is currently part of the CSR, social responsibility, and open-source community of Smart Evolution. As part of its commitment to CSR, the company has worked with the Red Cross, the Medicines for Colombia project, and the Autonomous University of Madrid to develop and promote mobile applications, tablets, and innovative home technologies for children and refugees.
- Smart Evolution – In partnership with Prosus, a large portion of the capital will be used for CSR projects:
- Global Development Fund – 30% to promote development in underdeveloped countries and aid homeless children worldwide.
- Global HIV Support and Vaccination Project – 10% to assist victims of the Ebola epidemic.
- Friends & Co-workers – 10% for providing healthy foods to the needy.
- Smart Visa – 20% for the European humanitarian visa for refugees.
- Minority Network – 10% for scholarships for underprivileged children to study.
- Mittainadi Foundation – 10% for scholarships for students in poor areas.
Prosus also collaborates with governments and other NGOs. These collaborations enable Prosus to distribute its products in less developed countries or aid victims of natural disasters.
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Prosus’s unique products
Prosus has developed three distinct products: SIM cards, mobile devices, and devices. With each product, Prosus strives to lower the costs and bring all the benefits of internet access. These products are not only products; they are considered as an affordable, easy and secure mode of access to the internet for the common man.
Prosus’ unique products incorporate their interests in providing inexpensive technology and accessibility to a wide audience. The company believes that its business model can become the model for low cost and simple internet access.
The number of SIM cards and devices Prosus sells is limited and not publicly disclosed, but the company estimates that it sells over 5 million devices and SIM cards every year. We believe that the market potential for the company’s products can only be maximized with the distribution of smart cards around the world. Therefore, the goal of Prosus should be to create a more affordable smart card with different services.
Prosus’s enterprise software empowers users with time-saving business tools while empowering content creators with the tools needed to create, enhance, and present their ideas. Deep integrations complement Prosus’s trusted tools for sharing and collaborating in real-time with our enterprise software tools, including the Microsoft Teams.