Browsing: Takealot

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 and other assets – in the process taking a majority stake in the company. In a statement

Naspers sells to Amazon has agreed to buy Dubai-based online retailer, 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

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

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

Kalahari, Takealot set out merger details

E-commerce in South Africa is set for a major change as the discontinuation of the brand and website is set to happen within a month. The Kalahari brand and website will be folded

Is local e-commerce growing up?

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

Authorities okay Takealot, Kalahari merger

The competition authorities have approved the merger of two of South Africa’s biggest e-retailers. and said on Tuesday that their merger deal had been given the go-ahead by regulators. The decision was handed down on Monday, the

SA Newsmakers of 2014

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

David Frankel backs HelloPeter deal

Consumer advocacy website 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

Duncan McLeod
Makro goes online locker, stock and barrel

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