Takeaway.com has won a months-long bidding war for Just Eat, ending a contentious battle with the Naspers spin-off Prosus and creating Europe’s largest food delivery operation.
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Prosus has been accused of “selling down” and trying to depress the share price of its rival Takeaway.com in the fight to gain control of Just Eat.
Bolt, the ride-hailing service formerly known as Taxify, said it has begun operating a food-delivery business in its native Estonia, and will launch in other European and African countries next year.
Naspers will list on its consumer Internet business on Amsterdam’s Euronext exchange on 17 July, subject to market conditions, in a bid to unlock shareholder value.
Naspers is keen to continue its search for e-commerce and tech investments, with Africa’s biggest company happy to deploy a sizeable war chest in its hunt for deals. “We have several billion in cash and
Naspers is spending €660m, or about R10.6bn, increasing its stake in one of Europe’s fastest-growing online food order and delivery businesses, Delivery Hero. For the money, Naspers is buying an additional 13% of the
Naspers investment Delivery Hero, a Berlin-based food takeout business backed by Germany’s Rocket Internet, announced plans to list on the Frankfurt stock exchange in the next few months to fund expansion in an increasingly