The Competition Commission wants to punish leading enterprises in the digital space for being successful, the Free Market Foundation said.
Browsing: Takealot
Google said it will “work constructively” with the Competition Commission after the regulator proposed a raft of regulations that cut to the heart of its business model.
Hundreds of workers at Takealot’s Montague Gardens warehouse embarked on an unprotected strike on Friday.
Takealot Group has built a powerful platform that will stand it in good stead in an increasingly competitive market, said Naspers CEO Bob van Dijk.
Takealot Group, which includes South Africa’s biggest e-retailer, Takealot.com, increased revenue by 27% in the past year, and remained near breakeven during the period.
Amazom.com plans to launch online shopping services in South Africa and four other countries by early 2023, a report said.
Spar is gearing up to take on Shoprite Group’s Checkers Sixty60 and Pick n Pay asap! in online grocery shopping in South Africa.
Pick n Pay and Takealot Group have signed an agreement that will allow customers to buy Pick n Pay food, groceries and liquor on Takealot’s Mr D app.
RCS, the consumer finance arm of French banking group BNP Paribas, has acquired South African online credit provider Mobicred.
South Africa’s largest e-retailer, the Takealot Group, grew revenues by 36% year on year in the six months to 30 September 2021.