Browsing: Takealot

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

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

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

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