Browsing: Takealot

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

News
Bleak Black Friday start for Takealot

South Africa’s biggest online retailer has fallen over under the pressure of shoppers looking for Black Friday deals. Both Takealot.com’s website and mobile app were down on Friday morning, with customers reporting

News
How Takealot will spend the Naspers millions

Online retail store Takealot.com has been growing at a compound rate of 107% for the last four years as younger South Africans slowly but surely become more comfortable with online shopping. Despite this rapid growth

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