E-retailer Wantitall has invested in Citymob, another online retailer, which specialises in selling a curated range of products for the design minded. The investment offers Citymob improved systems, logistics, warehouse facilities, increased access to customers and better supplier relationships
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When the group-buying market took off in South Africa, entrepreneurs Luke Jedeikin and his partner Mikael Hanan, decided they should look to make their fortunes elsewhere and their start-up, Citymob, started in March 2011, moved from pushing digital discount vouchers to selling carefully
If I told you online shopping is the next big thing to hit South Africa, you might think I was living in 1995. So-called experts will tell you big brands like Amazon and Kalahari have the market sewn up. They have the scale, the supply chains and the deep pockets to dominate the market completely