TKAYF - Just Eat Takeaway: Value Of iFood Stake Amounts To 30-80% Of Its Market Cap
- I believe the market entirely neglects the huge value iFood represents.
- iFood's valuation is anywhere from $9 billion to $25 billion, and probably in the middle. JET holds a 33% stake.
- iFood is running a practical monopoly in Brazil.
- JET's EV is $12.6 billion.
For further details see:
Just Eat Takeaway: Value Of iFood Stake Amounts To 30-80% Of Its Market Cap