Results boost for Just Eat bidder

PROFIT: The South African firm locked in a hostile bidding war for Just Eat boosted profits by 9 per cent in the first six months of the financial year. Naspers made its fortune after becoming an early investor in Chinese internet giant Tencent.

But earlier this year it spun off its Tencent stake onto the Amsterdam stock exchange, as it had become too big for Johannesburg. The listing created Europe’s biggest listed consumer internet company.