Takealot Group CEO Frederik Zietsman said he hopes the next trade minister will bring a strong tech focus to the portfolio.
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Takealot Group plans to add more services to its TakealotMore subscription plan, which it launched last month.
Shein and Temu have exploited loopholes to undercut local e-commerce companies unfairly, Takealot said.
Parent Takealot Group is tracking in line with Naspers’s global e-commerce portfolio despite a tough macro climate.
Local retail and logistics industry stakeholders have welcomed an intervention to protect South African retailers.
A month after launch, the e-commerce giant appears to be struggling to make significant inroads into the local market.
Takealot has taken aim at Amazon by launching an Amazon Prime-style subscription model for its customers.
Amazon has identified same-day delivery as a key strategic play in its battle to grow market share in South Africa.
The highly anticipated Amazon.co.za website went live on Tuesday without any of the retail giant’s own products and services.
It’s clear from Amazon’s launch on Tuesday that it’s going toe to toe with Takealot. But which platform is cheaper?