The news: Naspers-owned technology investor Prosus agreed to buy European food delivery giant Just Eat Takeaway for €4.1 billion ($4.3 billion).
- The acquisition will help round out Prosus' food delivery portfolio, adding a major European brand to its holdings. The company already fully owns the Latin American platform iFood and holds stakes in Germany’s Delivery Hero (28%), India’s Swiggy (25%), and China’s Meituan (4%).
- Once completed, the deal will position Prosus as the world’s fourth-largest food delivery player by gross transaction value, behind Meituan, DoorDash, and UberEats.