Prosus Targets $3.6 Billion Just Eat Revenue by 2027 as Europe Delivery Consolidates
Updated
Updated · Bloomberg · May 12
Prosus Targets $3.6 Billion Just Eat Revenue by 2027 as Europe Delivery Consolidates
2 articles · Updated · Bloomberg · May 12
$3.6 billion in annual revenue is Prosus's target for Just Eat Takeaway.com, with the Dutch investor also aiming for $100 million in adjusted EBITDA by the end of fiscal 2027.
Fabricio Bloisi set out the goals in a shareholder letter released Tuesday, framing them as part of a push to raise efficiency in Prosus's European food-delivery operations.
The targets come as rapid consolidation reshapes the European food-delivery market, putting pressure on operators to improve scale, margins and execution.
Squeezed by new EU regulations and rivals, can Just Eat's AI bet deliver on its ambitious profit goals?
As Prosus brings its AI playbook to Just Eat, will its controversial labor practices from Brazil follow?