Just Eat leaves bad taste in mouth: Sizing up Bob van Dijk’s food delivery target – Ted Black
Former Naspers CEO Koos Bekker is known for making one of the smartest investment decisions – EVER – by a South African businessman: he persuaded Naspers to invest in Tencent when it was a small startup. The Chinese company has enjoyed explosive growth, powering up the Naspers share along the way. Bekker's successor Bob van Dijk recently said that the food space is probably the largest investment opportunity he has spotted in his lifetime. A bid to buy food delivery Just Eat is linked to this belief. But, for Ted Black, a smart investment analyst who assesses Return on Assets Management, Just Eat is not a particularly tasty idea. – Jackie Cameron
Is Just Eat tasty prey?
By Ted Black*
"The food space is very, very, very large," Bob van Dijk said in a recent Bloomberg interview. "Probably the largest opportunity I've run into in my lifetime." Apart from the big growth potential he sees, Naspers invested in Delivery Hero in 2017 because of its "attractive financial returns" in countries familiar to it – around fifty of them.
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