![]() ![]() We are excited to continue to be a supportive and active partner for iFood as the company steps into its next phase of innovation and growth,” said Bob van Dijk, CEO, Prosus. ![]() Ifood monark full#Increasing our stake to full ownership is a demonstration of our committed and disciplined approach to investment and reflects our confidence in the long-term potential of iFood. They have shaped the sector in Brazil, creating a platform that serves 330,000 restaurant partners, provides income opportunity for 200,000 delivery partners, and delivers approximately 70 million orders every month. ‘’We first invested in iFood nearly a decade ago and during this time Fabricio and team have built a world-class food delivery business. The nearly decade-long commitment from Prosus has helped to enable iFood’s success. Today, iFood is a leading platform business which includes food delivery, grocery, quick commerce, and fintech. iFood stands out among the first to develop own-delivery, which is now profitable. Starting as an online food ordering website, the company rapidly developed into an industry leader with a reputation for innovation. IFood has performed exceptionally well since Prosus first invested in the business through Movile, founded by Fabricio Bloisi, in 2013. Following the transaction, Prosus and its affiliate company, Movile (a Brazilian investor in technology companies) will fully own iFood. Ifood monark plus#Prosus to acquire remaining stake in iFood from Just EatĪmsterdam, 19 August 2022 - Prosus, a global consumer internet group and one of the largest technology investors in the world, today announced it has entered into an agreement to acquire the remaining 33.3% stake in iFood, from minority shareholder Just Eat Holding Limited for €1.5bn in cash plus a contingent consideration of up to €300m.
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