U.S. Food Delivery Shares Tick Up on Prosus, Just East Takeaway Deal -- Market Talk

Dow Jones
24 Feb

1031 GMT - Shares of Uber and DoorDash edge up in premarket trading after Amsterdam-listed investment group Prosus agreed to buy Just Eat Takeaway.com for $4.3 billion. Shares in Uber are slightly up by 0.16% while Doordash shares are up by slightly more than 1%. News of the Prosus-Just Eat Takeaway deal also lifts shares of other food delivery companies in Europe. Just Eat Takeaway's British rival Deliveroo and German peer Delivery Hero trade about 7% and 8% higher, respectively. (pierre.bertrand@wsj.com)

 

(END) Dow Jones Newswires

February 24, 2025 05:31 ET (10:31 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10