Prosus reported a return to order growth at Just Eat Takeaway in September, following 55 months of annual declines. Revenue growth at iFood’s non food delivery businesses reached almost 50%, now contributing around 40% of total revenue. iFood retained approximately 80% of Brazil’s food delivery app market, while its Hits value offering grew 70% over six months. Prosus is increasing investment in both businesses, prioritising long term growth and profitability, while OLX, Despegar and PayU continue to grow profitably.
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