Prosus targets $3.6bn from Just Eat in European food-delivery push

"Prosus is targeting $3.6bn in annual revenue from Just Eat Takeaway, the European food-delivery business it bought for €4.1bn last year, the Napers-controlled investor said in a strategy update on Tuesday. The figure sets a near-term commercial target for the asset that Prosus has spent the past nine months integrating. The company said it plans to improve operational efficiency and accelerate consolidation in the European delivery market, where it now sits alongside Delivery Hero, Uber Eats, Wolt, and a long tail of regional operators."

"Just Eat Takeaway operates across the UK, the Netherlands, Germany, and a range of additional European markets; Bloisi has previously said the integration would focus on product, customer experience, and innovation across those geographies. The strategy update follows last week's separate divestment by Prosus of 4.5% of Delivery Hero to Uber, part of regulatory commitments to the European Commission after its August 2025 clearance of the Just Eat deal. Prosus said Just Eat's core European markets, particularly Germany, the Netherlands, and the UK, would deliver the bulk of the $3.6bn target."

"Smaller markets in southern and eastern Europe are positioned as growth opportunities rather than cash generators, with the company maintaining the option to divest assets where consolidation has stalled. The update from Cape Town came as part of a broader Prosus strategy presentation that also covered the company's edtech, payments, and classifieds portfolios. Group revenue from consolidated e-commerce businesses reached €6.2bn in the most recent fiscal year, with food delivery the largest contributor."

"CEO Fabricio Bloisi said the integration is producing operational gains. "We are focused on building Just Eat into a category-defining European platform," Bloisi said. "The combination of""

Prosus targets $3.6bn in annual revenue from Just Eat Takeaway, acquired for €4.1bn and currently being integrated. The plan centers on improving operational efficiency and accelerating consolidation in Europe’s food-delivery market, where multiple major platforms operate alongside regional competitors. Just Eat Takeaway operates across the UK, the Netherlands, Germany, and other European markets, with CEO Fabricio Bloisi leading integration efforts focused on product, customer experience, and innovation. The revenue target is expected to be driven mainly by core markets, especially Germany, the Netherlands, and the UK. Smaller southern and eastern markets are treated as growth opportunities, with divestment options if consolidation stalls. Prosus also reported broader portfolio performance across edtech, payments, and classifieds, with consolidated e-commerce revenue reaching €6.2bn and food delivery as the largest contributor.

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