Prosus to Acquire Remaining Stake in iFood from Just Eat

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.

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

February 24, 2025

Consumer Products

Prosus announced a conditional agreement to acquire Just Eat Takeaway.com for €20.30 per share in an all-cash public offer, valuing the deal at about €4.1 billion. The acquisition is intended to create a leading European food delivery group and extend Prosus’s food delivery footprint and growth strategy, including investments in technology and AI.

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.

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.

PayFacto Acquires iShopFood Inc.

January 6, 2022

Restaurants & Hospitality

PayFacto, a Montréal-based payments and hospitality technology provider, has acquired Québec-based iShopFood Inc., an online ordering and restaurant technology platform. The acquisition adds online/mobile ordering, self-serve kiosks, digital menu boards and loyalty features to PayFacto's integrated payments and POS suite and positions the company for further growth in Canada and the United States.