Takealot has launched instant deliveries through its app, offering rapid access to selected products in major cities.
Browsing: Mr D
Takealot’s surging growth underlines South Africa’s fast-rising e-commerce sector as it approaches 10% of total retail sales.
Takealot Group is ramping up on-demand delivery by repurposing its Mr D takeaway food platform.
TakealotMore has helped propel Takealot Group to a 20% jump in revenue, or 15% in local currency.
Naspers said Takealot Group is feeling pressure from new competitors in the local market, including Amazon and Temu.
Takealot has taken aim at Amazon by launching an Amazon Prime-style subscription model for its customers.
Mr D is turning into a full-service on-demand marketplace where users can shop for pet care, liquor, groceries and gifts.
The competition authorities should support rather than obstruct e-commerce in South Africa, Takealot Group CEO Mamongae Mahlare has said.
Pick n Pay said it delivered a “resilient” performance in its full-year results, despite the damaging impact of load shedding on its bottom line.
Profitability decreased due to higher fuel surcharges, investments in new warehouses and discounted clearance of inventory, parent Naspers said.