The continued ban on unfettered e-commerce, and a possible extension of this ban beyond next Friday, is “incomprehensible”, according to Takealot.com CEO Kim Reid.
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E-commerce players hoping for an immediate lifting of restrictions preventing the online sale and delivery of non-essential products to consumers have been dealt a harsh blow by trade & industry minister Ebrahim Patel.
Kim Reid, CEO of South Africa’s largest online retailer, Takealot.com, has made an impassioned plea to government to allow unfettered e-commerce and food delivery as soon as possible.
South Africa’s largest online retailer, Takealot.com, will remain open during the Covid-19 lockdown in South Africa, but will only be able to supply goods deemed essential by the government to customers.
South Africa’s biggest online shopping site, Takealot.com, hopes to keep operating through the three-week Covid-19 lockdown, which starts on Friday.
Takealot expects Black Friday sales to rise by about 80% to R352-million this year. The online retail group sees the last Friday of November as a key driver and measure of its growth in South Africa.
Naspers has made the first investment through its new Naspers Foundry start-up fund, buying a stake in Internet-based domestic cleaning service SweepSouth for R30-million.
Pioneering South African online kitchen and homeware retailer Yuppiechef is opening more physical stores in an omni-channel retail push.
Why the e-commerce business is rolling out physical collection points.
On the podcast this week, Duncan McLeod and Regardt van der Berg discuss Takealot’s decision to open a flagship customer collections centre in Midrand and two dozen other pick-up points around the country.