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
The late Monday afternoon announcement that online fashion retailers Spree and Superbalist would merge ought not to have caught anyone unawares. Both e-commerce players are already majority owned by Naspers: it owns
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
Across the world, people are ordering dinner to the Eiffel Tower, breakfast on Bondi Beach, lunch alongside the Tokyo Imperial Palace and picnics to Emmarentia Dam. The explosion in app-based food ordering is
In this episode of TalkCentral, Duncan McLeod and Regardt van der Berg chat about the controversy surrounding MultiChoice’s channel supply deals with the SABC and ANN7. Also this week, communications regulator
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
Thank you for listening to the TechCentral podcast. In this episode, Takealot.com CEO Kim Reid chats to Duncan McLeod about the past, present and future of…
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
On TalkCentral this week, Duncan McLeod and Regardt van der Berg chat about Internet Solutions’ reported discussions to acquire Dark Fibre Africa. Also this week, Naspers to pump almost R1bn
