The continued ban on unfettered e-commerce, and a possible extension of this ban beyond next Friday, is “incomprehensible”, according to Takealot.com CEO Kim Reid.
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E-commerce players hoping for an immediate lifting of restrictions preventing the online sale and delivery of non-essential products to consumers have been dealt a harsh blow by trade & industry minister Ebrahim Patel.
Kim Reid, CEO of South Africa’s largest online retailer, Takealot.com, has made an impassioned plea to government to allow unfettered e-commerce and food delivery as soon as possible.
Takealot expects Black Friday sales to rise by about 80% to R352-million this year. The online retail group sees the last Friday of November as a key driver and measure of its growth in South Africa.
Why the e-commerce business is rolling out physical collection points.
Picture essay | Takealot.com, the online retailer controlled by Naspers, has officially launched its flagship customer collections point on the New Road Bridge in Johannesburg.
The late Monday afternoon announcement that online fashion retailers Spree and Superbalist would merge ought not to have caught anyone unawares. Both e-commerce players are already majority owned by Naspers: it owns
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
Thank you for listening to the TechCentral podcast. In this episode, Takealot.com CEO Kim Reid chats to Duncan McLeod about…
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