The Editor's Desk: Prosus’ failed bid for JustEat a why it pays to go global
BizNews — Under CEO Bob van Dijk, Prosus showed unusual discipline when it made the decision to walk away from its R100bn bid for European food delivery giant JustEat. In this episode, Alec Hogg and Felicity Duncan discuss why Prosus walked away and what the market made of the abandoned bid. They also delve into van Dijk’s thinking on food delivery – the hot sector has been criticised by those who see food delivery as fundamentally unprofitable, but perhaps Prosus is thinking differently. They also consider the opportunities on offer for those South African investors who are willing to venture overseas, and why more people should join them.