Takealot.com, South Africa’s largest online retailer, grew revenue by 41% to $238-million, despite being limited to selling only “essential items” during the hard lockdown earlier this year.
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Uber Eats’ South African unit on Thursday expanded delivery offerings, launching an app-based over-the-counter medicines service as it seeks to gain market share in the fast-growing online shopping sector.
Minister Ebrahim Patel has backed down over government’s ban on unfettered e-commerce during level-4 of the lockdown, handing a stunning victory to an industry that has lobbied hard to have the restrictions removed.
Takealot.com CEO Kim Reid said on Friday that if the e-commerce company were to take government to court to challenge its continued ban on e-commerce, it would win – but he hopes it won’t be necessary.
Trade & industry minister Ebrahim Patel has effectively shot down requests by online traders to allow unfettered e-commerce in South Africa, saying doing so would be seen to be “unfair competition”.
The continued ban on unfettered e-commerce, and a possible extension of this ban beyond next Friday, is “incomprehensible”, according to Takealot.com CEO Kim Reid.
E-commerce players hoping for an immediate lifting of restrictions preventing the online sale and delivery of non-essential products to consumers have been dealt a harsh blow by trade & industry minister Ebrahim Patel.
Kim Reid, CEO of South Africa’s largest online retailer, Takealot.com, has made an impassioned plea to government to allow unfettered e-commerce and food delivery as soon as possible.
South Africa’s largest online retailer, Takealot.com, will remain open during the Covid-19 lockdown in South Africa, but will only be able to supply goods deemed essential by the government to customers.
South Africa’s biggest online shopping site, Takealot.com, hopes to keep operating through the three-week Covid-19 lockdown, which starts on Friday.