With an explosion in online sales expected in South Africa in the coming decade, e-commerce is becoming core to the growth strategy of Walmart-owned Massmart.
Walmart-owned retail group Massmart has secured the acquisition of online shopping logistics firm OneCart after announcing in August that it was in talks to buy the company.
JSE-listed Massmart, which owns Makro, Builders and other well-known retail brands, said on Wednesday that it has entered discussions to buy a controlling stake in e-commerce specialist OneCart.
Panic buying across neighbourhoods in Gauteng has seen popular grocery delivery services such as Checkers Sixty60 and Bottles by Pick n Pay buckle under the load.
TechCentral’s interview with Brett and Mark Levy, the co-CEOs of Blue Label Telecoms, was by far TechCentral’s most popular podcast in September 2018, according to statistics from platform partner iono.fm.
In this episode of the podcast, Duncan McLeod interviews OneCart founders Lynton Peters and Ariel Navarro about their new South African online shopping venture.