Cape Town-based online retailer Takealot.com has acquired 60% of Mr Delivery – recently rebranded as Mr D – for an undisclosed sum. Over the past year, Mr D has established itself as a delivery vehicle for online orders through a partnership with Takealot. Mr D
Browsing: Kim Reid
UK music retailer HMV said this week that unless it can find a buyer, it will soon be forced to close its doors. HMV’s news comes just a week after the Virgin Megastore in France chain said it was headed towards bankruptcy. Although South Africa is a very different market
Walmart has hit the ground running following its purchase of a controlling stake in SA retail giant Massmart. Sunday newspapers carried glossy Walmart-Massmart advertisements promising discounted prices to consumers and sending a
Just seven months after being acquired by international hedge fund company Tiger Global Management, Cape Town-based e-retailer Take2 has changed its name to Takealot and is talking up a plan to generate R1bn in annual sales within five years. CEO Kim Reid