Takealot, has hired thousands of personal shoppers to help it penetrate townships and rural areas.
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Meta Platforms is seeking as much as 4GW of new nuclear energy to power its fast-expanding data centres.
In the aftermath of Black Friday, it’s clear there have been big changes in consumer spending patterns.
Naspers said Takealot Group is feeling pressure from new competitors in the local market, including Amazon and Temu.
MTN Group is exploring partnerships with low-Earth-orbit satellite providers, group CEO Ralph Mupita said.
The Foschini Group is mounting a challenge to global giants expanding aggressively into the local e-commerce market.
The Nasdaq 100 Index climbed to its first record since July in the wake of the US presidential election.
Capital expenditure at the four largest internet and software companies is set to total well over $200-billion this year.