In its first major move that underlines its ambition to take on Silicon Valley giant Uber Eats, Naspers’s newly listed internet arm Prosus waded into a bidding war for UK-based online food delivery group Just Eat on Tuesday.

The R93bn offer directly to shareholders comes a month after Prosus was spun out of Naspers and listed separately on the Amsterdam’s Euronext. This is part of CEO Bob van Dijk’s strategy of building Prosus around three pillars: online payments; food delivery; and online classifieds...

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