Shein and Temu have exploited loopholes to undercut local e-commerce companies unfairly, Takealot said.
Browsing: Naspers
Naspers was buoyed by improved performance in e-commerce and contributions from China’s Tencent.
Parent Takealot Group is tracking in line with Naspers’s global e-commerce portfolio despite a tough macro climate.
Mark Todes is TechCentral’s guest in the final episode of season 1 of the popular TCS Legends podcast series.
The tech industry favours technically grounded leaders. Now rapid digitisation is forcing other sectors to follow suit.
Newly appointed Naspers and Prosus CEO Fabricio Bloisi has promised more of the same in strategy, with a focus on AI.
Fabricio Bloisi will replace Bob van Dijk as group CEO of Naspers and its European-listed spinoff, Prosus.
Planet42 has raised debt and equity funding from Standard Bank to help the rent-to-buy start-up repay costly euro loans.
Media24 has told the Competition Commission that Google is threatening the viability of the Fourth Estate in South Africa.
Naspers is boosting investment into Takealot Group ahead of Amazon.com’s entry into South Africa’s e-commerce market.