Spar Group on-demand shopping platform, Spar2U, is nearing “critical mass” after expanding to 87 stores, it said.
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Checkers has opened its first “dark store” to serve on-demand delivery as online grocery shopping continues to enjoy “notably strong growth”.
Raru, the online shopping site started by the founders of what later became Takealot, appears to have failed, eight years after its founding.
Takealot Group is pushing further into townships and growing its new grocery partnership to defend its market share, its CEO said.
Andy Higgins, a pioneer in e-commerce in South Africa, hopes the newly created Bob Group will make it easier for small and medium businesses to sell online.
The Competition Commission wants to punish leading enterprises in the digital space for being successful, the Free Market Foundation said.
Google said it will “work constructively” with the Competition Commission after the regulator proposed a raft of regulations that cut to the heart of its business model.
Hundreds of workers at Takealot’s Montague Gardens warehouse embarked on an unprotected strike on Friday.
Takealot Group has built a powerful platform that will stand it in good stead in an increasingly competitive market, said Naspers CEO Bob van Dijk.
Takealot Group, which includes South Africa’s biggest e-retailer, Takealot.com, increased revenue by 27% in the past year, and remained near breakeven during the period.