South Africans will spend R159-billion online this year, but the growth rate is set to fall from 35.4% to 22.5%.
Browsing: Shein
China’s securities regulator cleared Shein’s listing in July after failed attempts in New York and London.
Big e-commerce brands are largely absent from Africa – but intermediaries are bringing their goods to shoppers anyway.
Takealot is not treating Amazon’s arrival in South Africa as a threat to be survived so much as a contest just getting under way.
More and more South Africans are choosing to shop online to avoid the Black Friday rush in physical stores.
Shein and Temu have been alerted to the investigation and have signalled their intention to cooperate.
Good growth at online fashion retailer Bash has helped lift the contribution to The Foschini Group’s Africa sales to 7%.
The South African Revenue Service ended the practice known as de minimis, a move that is benefiting local retailers.
Alibaba Group-owned e-commerce giant AliExpress has set its sights on the African continent for further growth.
Takealot, has hired thousands of personal shoppers to help it penetrate townships and rural areas.