Takealot made headlines last month when it secured about R1bn in funding from shareholder Tiger Global Management, an international investment firm. CEO Kim Reid told TechCentral when the deal was announced that Takealot is on an aggressive growth path in an effort to tap into what he called
Browsing: World Wide Worx
Telkom’s second attempt in seven years at acquiring Business Connexion (BCX), the listed IT services group, will probably get the nod from South Africa’s competition authorities, analysts believe. Telkom on Thursday announced it had made a R2,7bn all-cash offer to buy out the JSE-listed IT services company. In 2004, Telkom bid
South African Apple distributor Core Group has been ordered by the Advertising Standards Authority (ASA) to withdraw an advertisement in which it claims that Apple iPads are used four times more than other tablet computers. The order followed a complaint lodged
MasterCard’s annual Online Behaviour Study, presented by World Wide Worx, has revealed that the availability of secure payment facilities is most critical to South Africans when they shop online. The study revealed that 90% of respondents cite the availability
Facebook is stumping up US$19bn in cash and shares to buy popular instant messaging platform WhatsApp, which has 450m active monthly users and which is adding a million new users a month. The deal could have been driven, at least in part, by a “potentially massive threat from the
Stellenbosch-based mobile messaging platform and social network Mxit is taking aim at the vast Indian market, launching the service in the south Asian powerhouse this week in the hope of dramatically expanding its reach. The South African team
Want access to as many as 12m Wi-Fi hotspots around the world, free of charge? That’s effectively what Naspers-owned Internet service provider MWeb is promising as part of a deal it’s signed with Spanish company Fon, which claims to offer the world’s
High-level talks between Naspers and Dimension Data, which could lead to the merger of the groups’ MWeb and Internet Solutions (IS) businesses, are probably being driven by a need by IS to become more of a full-service telecommunications
Younger users are abandoning voice faster than any other segment as mobile operators battle a decline in voice revenues for the first time in their history, according to research firm World Wide Worx’s latest annual Mobility survey. The study reveals that the
Stellenbosch-based Mxit, the social mobile chat company now chaired by outgoing First National Bank CEO Michael Jordaan, has released version 7 of it social network for feature phones, with iPhone and iPad versions coming later in the week. The launch of Mxit 7 is