Many consumers have taken to doing their shopping online and adopted new trading habits. This trend has seen a rise in the use of delivery pick-up points.
Browsing: Retail and e-commerce
Naspers and Prosus CEO Bob van Dijk does not expect Amazon.com to enter South Africa’s e-commerce sector “any time soon” given the “really good job” being done by Naspers subsidiary Takealot.com.
Amazon.com founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor.
South African retail sales fell more than expected in November, despite deeper Black Friday discounts and month-long promotions, pointing to lingering weakness in the economy
Alibaba and Ant co-founder Jack Ma has resurfaced after months out of public view, quashing intense speculation about the plight of the billionaire grappling with escalating scrutiny over his Internet empire.
Jumia Technologies is looking beyond an immediate target of generating a profit from its pioneering African e-commerce business, laying out longer-term plans to spin off divisions and enter new countries.
Airbnb is requiring most professional hosts outside North America to include all service fees in the rate presented to guests, a move that mirrors how rival platforms operate.
Although reports have emerged of quieter-than-normal retail stores this Black Friday weekend, it seems many South African consumers turned to online shopping to beat the crowds – and the coronavirus.
The South African Reserve Bank and industry regulators have warned the public not to use instant electronic funds transfer online payment services as a payment option.
A new study by Mastercard has found – unsurprisingly – that South Africans are shopping more online since the start of the Covid-19 pandemic. And the top thing they’re buying is cellular airtime.