🧠 Food for thought

Implications, context, and why it matters.

Prosus’s stake sale fits into a wider divestment plan

• The sale to Uber follows commitments Prosus gave European Union regulators to secure its acquisition of Just Eat Takeaway.com 1.
• Prosus told regulators it would reduce its Delivery Hero stake to under 10% and surrender its board seat to get approval 1.
• The deal cuts Prosus’s holding to 21.8%, so it still needs to sell more shares to meet the promise 1.

The deal hints at a change in how food delivery rivals invest

• Uber buying into a direct competitor suggests parts of the sector may lean more on cross-ownership and consolidation than constant one-on-one battles 1.
• The purchase also supports Delivery Hero’s push to build a multi-vertical “Everyday App,” which bundles food delivery, groceries, and other daily needs. That approach helped its Quick Commerce business, focused on fast delivery of convenience items, lift gross merchandise value (GMV), the total value of goods sold on the platform, by more than 30% to over 7.5 billion euros (US$8.84 billion) in 2025 2.
• As platforms chase profits, similar minority stakes may spread, letting one company gain exposure to a rival’s local strengths without paying for a prolonged price war 1.