Prosus CEO Reaffirms iFood's 80% Brazil Share Amid Chinese Platform Entry

Prosus CEO Fabricio Bloisi reiterated iFood's ~80% market share in Brazil's food delivery market, citing confidence in long-term value despite competition from Chinese platforms. The statement signals resilience of iFood's position, though the impact of new entrants remains uncertain. This matters as it reassures investors about Prosus's key growth asset amid competitive pressures.