Promoted | Armed with smartphones, these young, tech-savvy entrepreneurs are finding ways to make money online using what they have at their disposal.
Browsing: Retail and e-commerce
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.
Makro has launched its first “native” app, allowing consumers to shop using an app rather than the company’s website.
Hundreds of workers at Takealot’s Montague Gardens warehouse embarked on an unprotected strike on Friday.
The South African market has evolved, and continues to evolve, differently from many other places in the world.
Takealot Group has built a powerful platform that will stand it in good stead in an increasingly competitive market, said Naspers CEO Bob van Dijk.
The arm of South African Internet giant Naspers sold almost $4-billion worth of stock in JD.com that it got as dividends from investee Tencent.
Takealot Group, which includes South Africa’s biggest e-retailer, Takealot.com, increased revenue by 27% in the past year, and remained near breakeven during the period.