Browsing: Kim Reid

News
E-retailers Superbalist, Spree to merge

Media24 and Takealot will merge their online fashion stores Spree and Superbalist to create a new platform for the sale of fashion goods on the Internet. The new venture will be held 51% by Media24, Spree’s current

News
How Takealot will spend the Naspers millions

Online retail store Takealot.com has been growing at a compound rate of 107% for the last four years as younger South Africans slowly but surely become more comfortable with online shopping. Despite this rapid growth

News
Naspers to pump R1bn into Takealot

JSE-listed media and e-commerce giant Naspers has announced it will invest R960m in South African e-retailer Takealot Online – which owns Takealot.com and other assets – in the process taking a majority stake in the company. In a statement

News
End of the line for Kalahari brand

E-commerce website Kalahari was taken offline on Thursday night as Takealot said the merger between the two companies’ websites is now officially complete. The site’s expected closure

News
Kalahari, Takealot set out merger details

E-commerce in South Africa is set for a major change as the discontinuation of the Kalahari.com brand and website is set to happen within a month. The Kalahari brand and website will be folded

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