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.
Browsing: Retail and e-commerce
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.
Kim Reid has spent the past 10 years building Takealot Group – today controlled by Naspers – into South Africa’s largest e-commerce company. He sat down with TechCentral to reflect on his time at the helm.
The investing world is enthralled by a determined Beijing as it cuts China’s private sector down to size by relentless regulatory action. India’s more subtle manoeuvres in the same direction are going largely unnoticed.