Prosus vs Kakaku.com: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Prosus N.V. (PRX.AS)

Q3 202614 Jul – 18 Sep 2026

▲3

Prosus cashes out of Delivery Hero and backs Indian fintech Navi

Delivery Hero exit locks in cash Prosus agreed to sell its roughly 17% stake in Delivery Hero into Uber's €41.50-a-share takeover, a big premium to where the shares traded before the bid. That turns a long-held investment into cash and removes a loss-making holding, which investors read as good for Prosus shares.
The Delivery Hero sale is the period's biggest value event for Prosus and the main reason its shares moved.
New $100m bet on India's Navi Prosus is putting $100 million into Indian fintech Navi ahead of its IPO, valuing Navi at about $1.3 billion. It is a fresh growth investment in a fast-growing market, showing Prosus is still finding new places to put its cash rather than only selling assets.
This is the only genuinely new investment Prosus made this period and shows where its capital is going next.
Debt cut via note buyback Prosus bought back and cancelled its 2027 notes, paying about $1,002 per $1,000 of principal. Fewer bonds mean less debt and lower interest costs, which supports the value of the shares. This is a smaller, housekeeping-style positive.
The completed tender reduces Prosus's debt burden, a modest but real support for the share price.

August 202614 Jul – 18 Sep 2026

▲3

Prosus cashes out of Delivery Hero and backs Indian fintech Navi

Delivery Hero exit locks in cash Prosus agreed to sell its roughly 17% stake in Delivery Hero into Uber's €41.50-a-share takeover, a big premium to where the shares traded before the bid. That turns a long-held investment into cash and removes a loss-making holding, which investors read as good for Prosus shares.
The Delivery Hero sale is the period's biggest value event for Prosus and the main reason its shares moved.
New $100m bet on India's Navi Prosus is putting $100 million into Indian fintech Navi ahead of its IPO, valuing Navi at about $1.3 billion. It is a fresh growth investment in a fast-growing market, showing Prosus is still finding new places to put its cash rather than only selling assets.
This is the only genuinely new investment Prosus made this period and shows where its capital is going next.
Debt cut via note buyback Prosus bought back and cancelled its 2027 notes, paying about $1,002 per $1,000 of principal. Fewer bonds mean less debt and lower interest costs, which supports the value of the shares. This is a smaller, housekeeping-style positive.
The completed tender reduces Prosus's debt burden, a modest but real support for the share price.

Latest14 Jul – 18 Sep 2026

▲3

Prosus cashes out of Delivery Hero and backs Indian fintech Navi

Delivery Hero exit locks in cash Prosus agreed to sell its roughly 17% stake in Delivery Hero into Uber's €41.50-a-share takeover, a big premium to where the shares traded before the bid. That turns a long-held investment into cash and removes a loss-making holding, which investors read as good for Prosus shares.
The Delivery Hero sale is the period's biggest value event for Prosus and the main reason its shares moved.
New $100m bet on India's Navi Prosus is putting $100 million into Indian fintech Navi ahead of its IPO, valuing Navi at about $1.3 billion. It is a fresh growth investment in a fast-growing market, showing Prosus is still finding new places to put its cash rather than only selling assets.
This is the only genuinely new investment Prosus made this period and shows where its capital is going next.
Debt cut via note buyback Prosus bought back and cancelled its 2027 notes, paying about $1,002 per $1,000 of principal. Fewer bonds mean less debt and lower interest costs, which supports the value of the shares. This is a smaller, housekeeping-style positive.
The completed tender reduces Prosus's debt burden, a modest but real support for the share price.

Q2 202619 Jun – 29 Jun 2026

▲4

Prosus Earnings Surge, AI Push, and New Buyback Drive Upside

Full-year earnings jump 84% Prosus reported an 84% rise in adjusted core profit to $1.3 billion, with revenue up 57% to $9.7 billion. All regions turned profitable for the first time, and record free cash flow of $1.5 billion supports higher dividends and buybacks. This directly boosts investor confidence and the stock price.
This is the core financial result that shows the company's profitability is accelerating, a key driver for the stock.
AI platform ToqanClaw launched Prosus introduced ToqanClaw, an AI tool that lets its 5 million partners build apps and automations by conversation. Early users saw big gains, like 40% revenue growth and 25% more deliveries. This shows Prosus is embedding AI across its businesses, which could drive future growth and efficiency.
It highlights a new technology initiative that could improve margins and competitiveness, a forward-looking driver.
Just Eat turnaround and iFood growth Just Eat Takeaway, acquired last year, contributed $1.9 billion in revenue and $83 million in adjusted EBITDA. A pilot showed order growth up to 25%. Meanwhile, iFood's adjusted EBITDA jumped 178% to $400 million. These operational improvements signal successful integration and stronger food delivery profits.
It shows the acquired Just Eat business is recovering and iFood is booming, directly lifting group earnings.
New $5 billion buyback and higher dividend Prosus completed a $46 billion buyback and announced a new $5 billion buyback for fiscal 2027. It also raised the dividend by 40% to 28 euro cents per share. These moves return cash to shareholders, supporting the stock price by reducing shares outstanding and signaling confidence.
Buybacks and dividends are direct capital returns that often lift a stock's price by increasing per-share value.

June 202619 Jun – 29 Jun 2026

▲4

Prosus Earnings Surge, AI Push, and New Buyback Drive Upside

Full-year earnings jump 84% Prosus reported an 84% rise in adjusted core profit to $1.3 billion, with revenue up 57% to $9.7 billion. All regions turned profitable for the first time, and record free cash flow of $1.5 billion supports higher dividends and buybacks. This directly boosts investor confidence and the stock price.
This is the core financial result that shows the company's profitability is accelerating, a key driver for the stock.
AI platform ToqanClaw launched Prosus introduced ToqanClaw, an AI tool that lets its 5 million partners build apps and automations by conversation. Early users saw big gains, like 40% revenue growth and 25% more deliveries. This shows Prosus is embedding AI across its businesses, which could drive future growth and efficiency.
It highlights a new technology initiative that could improve margins and competitiveness, a forward-looking driver.
Just Eat turnaround and iFood growth Just Eat Takeaway, acquired last year, contributed $1.9 billion in revenue and $83 million in adjusted EBITDA. A pilot showed order growth up to 25%. Meanwhile, iFood's adjusted EBITDA jumped 178% to $400 million. These operational improvements signal successful integration and stronger food delivery profits.
It shows the acquired Just Eat business is recovering and iFood is booming, directly lifting group earnings.
New $5 billion buyback and higher dividend Prosus completed a $46 billion buyback and announced a new $5 billion buyback for fiscal 2027. It also raised the dividend by 40% to 28 euro cents per share. These moves return cash to shareholders, supporting the stock price by reducing shares outstanding and signaling confidence.
Buybacks and dividends are direct capital returns that often lift a stock's price by increasing per-share value.

19 Jun – 29 Jun 2026

▲4

Prosus Earnings Surge, AI Push, and New Buyback Drive Upside

Full-year earnings jump 84% Prosus reported an 84% rise in adjusted core profit to $1.3 billion, with revenue up 57% to $9.7 billion. All regions turned profitable for the first time, and record free cash flow of $1.5 billion supports higher dividends and buybacks. This directly boosts investor confidence and the stock price.
This is the core financial result that shows the company's profitability is accelerating, a key driver for the stock.
AI platform ToqanClaw launched Prosus introduced ToqanClaw, an AI tool that lets its 5 million partners build apps and automations by conversation. Early users saw big gains, like 40% revenue growth and 25% more deliveries. This shows Prosus is embedding AI across its businesses, which could drive future growth and efficiency.
It highlights a new technology initiative that could improve margins and competitiveness, a forward-looking driver.
Just Eat turnaround and iFood growth Just Eat Takeaway, acquired last year, contributed $1.9 billion in revenue and $83 million in adjusted EBITDA. A pilot showed order growth up to 25%. Meanwhile, iFood's adjusted EBITDA jumped 178% to $400 million. These operational improvements signal successful integration and stronger food delivery profits.
It shows the acquired Just Eat business is recovering and iFood is booming, directly lifting group earnings.
New $5 billion buyback and higher dividend Prosus completed a $46 billion buyback and announced a new $5 billion buyback for fiscal 2027. It also raised the dividend by 40% to 28 euro cents per share. These moves return cash to shareholders, supporting the stock price by reducing shares outstanding and signaling confidence.
Buybacks and dividends are direct capital returns that often lift a stock's price by increasing per-share value.

Kakaku.com, Inc. (2371.JP)

Q3 20267 Jul – 29 Sep 2026

▲2▼1

Bidding war lifts Kakaku.com as two suitors battle for control

Bidding war escalates Oasis backed the LINE Yahoo/Bain bid with its 19.52% stake, while EQT raised its offer from 3,000 yen to 3,681 yen, extending deadlines. Bain and LY considered a competing bid exceeding EQT's.
This competitive bidding directly pushed shares up nearly 60% year-to-date.
Higher bids raise floor The competition pushed shares up nearly 60% year-to-date, as higher bids raised the floor and improved deal-success odds.
This explains the positive price impact from the bidding war.
KDDI alliance dissolved Kakaku.com dissolved its capital alliance with KDDI, which retains a 17.70% stake and business ties. Management calls the impact minor, but the move removes a stable partner and adds uncertainty about the ownership structure.
This introduces a risk factor that could weigh on the stock despite the bidding war.

September 202619 Aug – 29 Sep 2026

▲2

Bidding war for Kakaku.com intensifies as EQT keeps raising its offer

EQT keeps sweetening its buyout price EQT raised its offer for Kakaku.com three times this period, from 3,571 yen to 3,681 yen, and extended the deadline to October 14. A higher bid puts a higher floor under the share price and raises the odds the deal succeeds, which supports the stock.
The repeated price hikes are the main force pushing Kakaku.com's shares higher.
Two buyers are fighting over the company EQT and the LINE Yahoo/Bain group are both bidding for Kakaku.com, and Oasis, a big shareholder, is pressing for the best price. A bidding war tends to lift the share price because each side must offer more to win.
The competition between bidders is the underlying reason the price keeps rising.
Kakaku.com and KDDI end their capital alliance Kakaku.com dissolved its capital alliance with KDDI, though KDDI keeps its 17.70% stake and business ties continue. The company says the impact on results is minor, but it removes a stable partner and adds uncertainty about the ownership structure.
This is a new structural change that could affect how the buyout plays out.

Latest19 Aug – 29 Sep 2026

▲2

Bidding war for Kakaku.com intensifies as EQT keeps raising its offer

EQT keeps sweetening its buyout price EQT raised its offer for Kakaku.com three times this period, from 3,571 yen to 3,681 yen, and extended the deadline to October 14. A higher bid puts a higher floor under the share price and raises the odds the deal succeeds, which supports the stock.
The repeated price hikes are the main force pushing Kakaku.com's shares higher.
Two buyers are fighting over the company EQT and the LINE Yahoo/Bain group are both bidding for Kakaku.com, and Oasis, a big shareholder, is pressing for the best price. A bidding war tends to lift the share price because each side must offer more to win.
The competition between bidders is the underlying reason the price keeps rising.
Kakaku.com and KDDI end their capital alliance Kakaku.com dissolved its capital alliance with KDDI, though KDDI keeps its 17.70% stake and business ties continue. The company says the impact on results is minor, but it removes a stable partner and adds uncertainty about the ownership structure.
This is a new structural change that could affect how the buyout plays out.

July 20267 Jul – 13 Aug 2026

▲4

Bidding war for Kakaku.com intensifies with higher offers

Oasis backs LINE Yahoo/Bain bid Major shareholder Oasis, with a 19.52% stake, agreed to tender all its shares in the LINE Yahoo-Bain offer at up to 3,500 yen. This support makes a competing deal more likely, pushing the stock up as investors see a higher payout.
This is a new event that increases the probability of a higher bid, directly lifting the stock.
EQT raises offer to 3,450 yen EQT increased its tender offer price from 3,000 to 3,450 yen and extended the deadline to August 3. This higher bid raises the floor for shareholders and signals a competitive process, supporting the stock price.
A new higher offer from EQT directly raises the expected acquisition price, a positive for the stock.
Bain and LY consider even higher bid Bain Capital and LY Corp. are weighing a fresh joint offer that could exceed EQT's 3,450 yen. News of a potential higher bid drove shares up nearly 60% this year, as investors anticipate a bidding war.
This new development suggests further price escalation, boosting investor optimism.
EQT raises offer again to 3,570 yen EQT lifted its tender offer price a second time to 3,570 yen and extended the deadline to August 27. This latest increase in the bidding war continues to push the stock higher as shareholders expect even more.
The newest higher bid directly raises the potential payout, a clear positive for the stock.

7 Jul – 13 Aug 2026

▲4

Bidding war for Kakaku.com intensifies with higher offers

Oasis backs LINE Yahoo/Bain bid Major shareholder Oasis, with a 19.52% stake, agreed to tender all its shares in the LINE Yahoo-Bain offer at up to 3,500 yen. This support makes a competing deal more likely, pushing the stock up as investors see a higher payout.
This is a new event that increases the probability of a higher bid, directly lifting the stock.
EQT raises offer to 3,450 yen EQT increased its tender offer price from 3,000 to 3,450 yen and extended the deadline to August 3. This higher bid raises the floor for shareholders and signals a competitive process, supporting the stock price.
A new higher offer from EQT directly raises the expected acquisition price, a positive for the stock.
Bain and LY consider even higher bid Bain Capital and LY Corp. are weighing a fresh joint offer that could exceed EQT's 3,450 yen. News of a potential higher bid drove shares up nearly 60% this year, as investors anticipate a bidding war.
This new development suggests further price escalation, boosting investor optimism.
EQT raises offer again to 3,570 yen EQT lifted its tender offer price a second time to 3,570 yen and extended the deadline to August 27. This latest increase in the bidding war continues to push the stock higher as shareholders expect even more.
The newest higher bid directly raises the potential payout, a clear positive for the stock.