Big e-commerce brands are largely absent from Africa – but intermediaries are bringing their goods to shoppers anyway.
Browsing: Temu
Takealot is not treating Amazon’s arrival in South Africa as a threat to be survived so much as a contest just getting under way.
Shein and Temu have been alerted to the investigation and have signalled their intention to cooperate.
Good growth at online fashion retailer Bash has helped lift the contribution to The Foschini Group’s Africa sales to 7%.
Chinese e-commerce giant Temu on Wednesday announced that it has opened a local distribution warehouse.
The South African Revenue Service ended the practice known as de minimis, a move that is benefiting local retailers.
Temu parent PDD Holdings is taking strain at home while its international business has been hit by global trade uncertainty.
Alibaba Group-owned e-commerce giant AliExpress has set its sights on the African continent for further growth.
Takealot, has hired thousands of personal shoppers to help it penetrate townships and rural areas.
Naspers said Takealot Group is feeling pressure from new competitors in the local market, including Amazon and Temu.