The global meal delivery market is expected turn to a phase of consolidation in the coming months as players look…
Browsing: Retail and e-commerce
With an explosion in online sales expected in South Africa in the coming decade, e-commerce is becoming core to the growth strategy of Walmart-owned Massmart.
Walmart-owned retail group Massmart has secured the acquisition of online shopping logistics firm OneCart after announcing in August that it was in talks to buy the company.
Adobe will add payment services to its e-commerce platform this year to help merchants accept credit cards and other ways of paying.
Karooooo, the Nasdaq-listed mobility software company that owns South Africa’s Cartrack Holdings, has acquired digital logistics specialist Picup in a R70-million deal.
Shoprite Holdings’ IT spending soared nearly 18% in the 2021 financial year as its focus on technology-led disruption and e-commerce shifted to become top strategic priorities.
Technology investor Prosus said on Tuesday it had agreed to buy Indian payments platform BillDesk for $4.7-billion to complement its own PayU business.
Over R30-billion is being left on the table because of consumer experience problems and other issues, which is coincidentally the current market value of e-commerce in South Africa.
JSE-listed Massmart, which owns Makro, Builders and other well-known retail brands, said on Wednesday that it has entered discussions to buy a controlling stake in e-commerce specialist OneCart.
Outgoing Takealot Group CEO Kim Reid said the South African Post Office should get the basics right – delivering the mail – before trying to enforce a monopoly over the delivery of parcels weighing less than 1kg.