Prosus to Acquire Just Eat Takeaway.com for €4.1 Billion

Prosus to Acquire Remaining Stake in iFood from Just Eat

August 19, 2022

Cloud & SaaS

Prosus N.V., majority-owned by Naspers, agreed to acquire the remaining 33.3% stake in iFood from minority shareholder Just Eat Holding Limited for €1.5bn in cash plus up to €300m in contingent consideration. After the transaction, Prosus and its affiliate Movile will fully own iFood.

DoorDash to Acquire Deliveroo

May 6, 2025

E-Commerce

DoorDash has reached an agreement with Deliveroo’s board for a recommended final cash acquisition of the entire issued and to be issued share capital of Deliveroo. Under the terms, Deliveroo shareholders will receive 180 pence per share, valuing Deliveroo at approximately £2.9 billion (about £2.4 billion enterprise value), with the deal expected to close in Q4 2025 subject to conditions.

Wonder Acquires Grubhub for $650 Million

November 13, 2024

E-Commerce

Wonder, a food-hall and “super app” platform, announced it will acquire Grubhub, the U.S. food ordering and delivery marketplace, from Just Eat Takeaway.com for an enterprise value of $650 million. Completion is expected in Q1 2025, subject to customary regulatory approvals.

Prosus Acquires Despegar for $19.50 per Share

May 15, 2025

Transportation

Prosus completed its all-cash acquisition of Latin America online travel agency Despegar at a purchase price of $19.50 per share. The transaction was approved by Despegar’s board and shareholders and after receiving required regulatory clearances.

Fresh2 Group Ltd. Acquires Youfood Group Inc.

January 4, 2024

E-Commerce

Fresh2 Group Ltd. (NASDAQ: FRES), through its subsidiary Fresh2 Technology Inc., agreed to acquire 100% of Youfood Group Inc. in a stock-for-stock transaction. The deal—payment in 38,333,334 newly issued Fresh2 Class A common shares—is intended to expand Fresh2's cross-border B2C food e-commerce capabilities and provide access to new North American customers sourcing food from Asia and South America.

Prosus (Naspers) Agrees to Sell Avito Group to Kismet Capital Subsidiaries

October 14, 2022

E-Commerce

Prosus, majority-owned by Naspers, entered into an agreement through its affiliates to sell the Avito Group (Russia classifieds businesses) to purchasers that are subsidiaries of Kismet Capital Group LLC. The transaction values the Avito Group at an aggregate consideration of RUB 151 billion, to be funded via a mix of cash and debt financing, with closing expected in October 2022.