Two of South Africa’s biggest online retailers, Takealot.com and Kalahari.com, surprised just about everyone this week when they announced plans to merge their operations. The proposed deal is surprising because, until now
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Two of South Africa’s largest online retailers – and longstanding adversaries – have agreed to merge. Kalahari.com, owned by JSE-listed media and e-commerce group Naspers, will be folded into Takealot.com, the e-retailer that recently secured US$100m from investment firm
MWeb Business, a division of Naspers-owned Internet service provider MWeb, has launched a suite of satellite broadband products that provide uncapped Internet access to South African consumers. MWeb, which pioneered uncapped fixed-line broadband in South Africa
MultiChoice subsidiary M-Net is launching two new channels on the pay-TV operator’s DStv platform. The new channels, M-Net Edge and Vuzu Amp, will be available to DStv Premium subscribers only. The channels will go on air for the first time in October and being billed by MultiChoice
The gobii IVP smartphone is the latest low-cost handset from Naspers-owned e-retailer Kalahari.com. The gobii IVP joins the gobii tablet and eReader products, which were launched late last year. The gobii IVP is an unassuming little smartphone and looks very generic by today’s standards. But it offers a range of features that will entice smartphone newcomers
High-definition channels will no longer be the exclusive preserve of DStv Premium, MultiChoice’s high-end bouquet. The Naspers-owned pay-television broadcaster said on Thursday that it will make HD channels available to all its subscribers. “Effective immediately, customers who have channels
Big companies are splashing unprecedented amounts of cash into e-retail in South Africa, with the likes of online merchandiser Takealot.com recently raising R1bn of investment for expansion in the country and sub-Saharan Africa, and Naspers ploughing R5,6bn into e-commerce around the globe
MultiChoice is aggressively expanding its digital terrestrial television (DTT) footprint across sub-Saharan Africa. This is contributing to rapid growth in the number of pay-TV subscribers on its books outside its home market of South Africa. For the year ended 31 March 2014, the Naspers-owned company added
Naspers has reported a 65% improvement in revenue from its Internet business on the back of robust performances from Tencent, Mail.ru and its e-commerce businesses. The more mature pay-television business, housed in MultiChoice, also delivered impressive numbers, with revenue rising by 20%. Trading profit, however
Takealot made headlines last month when it secured about R1bn in funding from shareholder Tiger Global Management, an international investment firm. CEO Kim Reid told TechCentral when the deal was announced that Takealot is on an aggressive growth path in an effort to tap into what he called