Tencent Shareholder Prosus Hits Targets, Plans to Accelerate Investments in iFood

▤ Summary

Prosus said it hit fiscal 2026 ecommerce targets and will accelerate investments in food-ordering platform iFood after the business delivered its full-year targets. The group expects the increased investment and faster product deployment to reduce adjusted EBITDA in fiscal 2027 to a $100–$150 million range. Prosus also signaled continued share repurchases at roughly a $5 billion annual run rate and expects Just Eat Takeaway to return to orders and revenue growth by year-end. Full-year results are due in June, and management framed the moves as a push to compete more aggressively and expand product capabilities.

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