Prosus Targets $3.6 Billion from Just Eat in European Food-Delivery Push
May 12, 2026 – 8:32 am
Image by: Jus Eat Takeaway.com
Prosus is targeting $3.6 billion in annual revenue from Just Eat Takeaway, the European food-delivery business it acquired for €4.1 billion last year, according to 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 plans to:
- Improve operational efficiency
- Accelerate consolidation in the European delivery market
where it now competes with Delivery Hero, Uber Eats, Wolt, and numerous regional operators.
Just Eat Takeaway operates across the UK, Netherlands, Germany, and several other European markets. CEO Fabricio Bloisi, who took over after the Prosus acquisition was completed in late 2025, has focused on product, customer experience, and innovation across these geographies.
The strategy update followed last week’s divestment by Prosus of a 4.5% stake in Delivery Hero to Uber, part of regulatory commitments to the European Commission after its August 2025 clearance of the Just Eat deal.
Prosus stated that Just Eat’s core European markets—particularly Germany, the Netherlands, and the UK—will contribute significantly to the $3.6 billion target. Smaller markets in southern and eastern Europe are viewed as growth opportunities rather than immediate cash generators.
The company maintained the option to divest assets where consolidation has stalled.
The update was part of a broader Prosus strategy presentation covering its edtech, payments, and classifieds portfolios. Group revenue from consolidated e-commerce businesses reached €6.2 billion in the most recent fiscal year, with food delivery being the largest contributor.
CEO Fabricio Bloisi stated:
"We are focused on building Just Eat into a category-defining European platform. The combination of consolidated buying power, deep operational expertise, and a coherent technology stack across markets is what will unlock the next phase."
Prosus did not provide a timetable for achieving the $3.6 billion target or a 2026 capex guide for the business.
The figure aligns with analyst projections and sits at the higher end of consensus models for the integrated business. Prosus also indicated its continued interest in selective M&A across European delivery and adjacent technology sectors, without naming specific transactions. The company boasts roughly $19 billion in available cash and proceeds from prior divestments to deploy.
Prosus shares traded modestly higher in Amsterdam following the announcement.