Browsing: Takealot

News
Bleak Black Friday start for Takealot

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

News
How Takealot will spend the Naspers millions

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

News
Naspers to pump R1bn into Takealot

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

News
Naspers sells to Amazon

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

In-depth
Why Naspers should launch an MVNO

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

News
End of the line for Kalahari brand

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

News
Kalahari, Takealot set out merger details

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