Mr D is turning into a full-service on-demand marketplace where users can shop for pet care, liquor, groceries and gifts.
Browsing: Mr D
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.
The Competition Commission wants to punish leading enterprises in the digital space for being successful, the Free Market Foundation said.
Takealot Group, which includes South Africa’s biggest e-retailer, Takealot.com, increased revenue by 27% in the past year, and remained near breakeven during the period.
Pick n Pay and Takealot Group have signed an agreement that will allow customers to buy Pick n Pay food, groceries and liquor on Takealot’s Mr D app.
South Africa’s largest e-retailer, the Takealot Group, grew revenues by 36% year on year in the six months to 30 September 2021.
Naspers-controlled Takealot group reported revenue growth of 55% in the last financial year despite a ban on unfettered e-commerce during the height of the hard lockdown in 2020.
Makro announced last week that it had entered into a partnership with Sasol to build e-commerce “lockers” on the fuel retailer’s forecourts. The lockers are not a new idea, having been pioneered in the US, UK and elsewhere by retailers such as Amazon and the Walmart-owned Asda, but it is