JSE-listed media and e-commerce giant Naspers has announced it will invest R960m in South African e-retailer Takealot Online – which owns Takealot.com and other assets – in the process taking a majority stake in the company. In a statement
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Amazon.com has agreed to buy Dubai-based online retailer Souq.com, whose shareholders include Naspers and Tiger Global Management, betting that e-commerce in the Middle East is poised to take off. The US e-commerce
Mobile network operators need to adopt content-intensive strategies because “over-the-top” services will continue to impact their average revenue per user negatively. Cell C has responded to these threats by hosting mobile
E-commerce website Kalahari was taken offline on Thursday night as Takealot said the merger between the two companies’ websites is now officially complete. The site’s expected closure
E-commerce in South Africa is set for a major change as the discontinuation of the Kalahari.com brand and website is set to happen within a month. The Kalahari brand and website will be folded
Although online retail counts for less than 1% of South Africa’s total retail revenue, local e-commerce players are betting on a rapidly maturing market that is moving online with increasing confidence. According to a recent survey released by advisory firm PwC, the
The competition authorities have approved the merger of two of South Africa’s biggest e-retailers. Takealot.com and Kalahari.com said on Tuesday that their merger deal had been given the go-ahead by regulators. The decision was handed down on Monday, the
Here they are, TechCentral’s South African Newsmakers of 2014. These are the individuals, in ascending order from five to one, who we believe were the most newsworthy in the technology and telecommunications space this year, for good reasons and bad. Also, check out our International Newsmakers
Consumer advocacy website HelloPeter.com has been sold for an undisclosed amount, it announced on Wednesday. “The website has been acquired by a consortium of South African and global entrepreneurs, all with a highly proven track record in the global
Makro announced last week that it had entered into a partnership with Sasol to build e-commerce “lockers” on the fuel retailer’s forecourts. The lockers are not a new idea, having been pioneered in the US, UK and elsewhere by retailers such as Amazon and the Walmart-owned Asda, but it is