Naspers said Takealot Group is feeling pressure from new competitors in the local market, including Amazon and Temu.
Browsing: Takealot
Durban has a sprawling new Takealot distribution centre located in the Brickworks Industrial Park.
It is critical that e-commerce becomes a bigger source of profitability for Prosus, group CEO Fabricio Bloisi said.
Jumia Technologies will close its South African online fashion retailer Zando by the end of the year.
Sellers can track sales data across all product categories and make informed decisions regarding inventory.
Product ratings for online shopping, once a helpful way of gauging an item’s quality, are under attack.
Amazon.com is in South Africa for the long run, its regional marketplace head has said.
Takealot Group has sold its online fashion business Superbalist to a private equity consortium.
Naspers has urged South African regulators not to smother digital platforms with red tape.
The move by Google is the result of remedial actions imposed by the Competition Commission.