Browsing: Superbalist

News
Naspers bags all of Takealot

Naspers has acquired Tiger Global Management’s stake in South Africa’s largest e-commerce retailer Takealot, and now owns an effective 96% (91% fully diluted) of the business. This was revealed in its provisional

News
E-retailers Superbalist, Spree to merge

Media24 and Takealot will merge their online fashion stores Spree and Superbalist to create a new platform for the sale of fashion goods on the Internet. The new venture will be held 51% by Media24, Spree’s current

In-depth
ParcelNinja tackles e-commerce logistics

A Johannesburg start-up has been launched to take charge of the storage and distribution needs of e-commerce companies in South Africa. ParcelNinja was formed when online shopping website Wantitall decided to take charge of its logistics infrastructure to improve its own service and delivery

News
Takealot snaps up e-retailer Superbalist

Online retailer Takealot.com has acquired 100% of the equity of Superbalist.com, a design and apparel online retailer founded four years ago. The deal comes just three months after Takealot announced that it had raised more than R1bn from Tiger Global Management, an international investment