Naspers said on Friday that it is investing almost $1.2-billion (about R16-billion) to buy an additional 29.1% stake in Russian classifieds business Avito.
Browsing: Retail and e-commerce
The Competition Tribunal has issued a R20-million “administrative penalty” against Computicket for abusing its dominance between mid-2005 and 2010. It has 60 business days to pay the fine.
Amazon.com reported a record-breaking holiday season as shoppers loaded their online baskets with items from Echo speakers to Calvin Klein clothes.
Just days after announcing it will lead a $540-million funding round in Indian online education start-up BYJU’s, Naspers said on Thursday that it will invest $660-million in Swiggy, India’s largest food delivery platform.
The island nation of Mauritius comes tops in Africa when it comes to readiness for online shopping, though the continent lags far behind the rest of the world, according to new research.
Uber rival Taxify said on Tuesday that it has expanded its South African operations to include the coastal towns of Plettenberg Bay, George, Knysna and Mossel Bay.
Each year, millions of people are left frustrated when their favourite e-commerce websites let them down. Yet there is no way for retailers to completely prevent system failures.
In what is being billed as part of the largest technology venture funding ever in Latin America, Naspers and Innova Capital have agreed to invest $400-million food delivery platform iFood.
South Africa’s largest online retailer, the Naspers-controlled Takealot, is working hard to ensure its website stays up on the Black Friday sales day, which happens this year on 23 November.
In this episode of the podcast, Duncan McLeod interviews Brent Curry, chief information officer of The Foschini Group, about the launch of a new online marketplace called myTFGworld.com.