Massmart reported a 50% year-on-year jump in e-commerce sales for the period to 26 June, even as its income statement was once again stained in red ink.
Browsing: Retail and e-commerce
Meta Platforms CEO Mark Zuckerberg is targeting a much larger business opportunity for WhatsApp related to commerce and payments, especially in emerging markets.
The Competition Commission wants to punish leading enterprises in the digital space for being successful, the Free Market Foundation said.
Richemont is finally exiting Yoox Net-a-Porter, but the price of ridding itself of the loss-making online luxury business is a hefty one.
The Naspers-controlled Internet investment firm has agreed to pay as much as €1.8-billion to acquire a further 33.3% stake in Brazil’s iFood.
African e-commerce firm Jumia Technologies said it was past peak losses, driving its shares up 16% despite a wider quarterly loss.
Promoted | Armed with smartphones, these young, tech-savvy entrepreneurs are finding ways to make money online using what they have at their disposal.
Shoprite Group is taking its pet food and supplies brand, Petshop Science, online as brick-and-mortar retailers increasingly focus on omnichannel sales.
Online sales nearly doubled in the retailer’s most reporting period compared to the same period last year as shoppers warm to buying their groceries on the Internet.
The online classifieds website has been acquired by Impresa Capital, the majority shareholder in the Durban-based Ignition Group.