ecommerce

  1. Hanno Labuschagne

    Alibaba starts revamp of cloud business

    Alibaba starts revamp of cloud business Alibaba Group Holding Ltd. is taking the first steps toward revamping its cloud business by overhauling its leadership, aiming to revive growth and ride an AI boom after cancelling a much-anticipated spinoff of the $11 billion unit. The company has...
  2. Hanno Labuschagne

    Dreamware, Progenix, and Wootware detail Black Friday deals

    Dreamware, Progenix, and Wootware detail Black Friday deals At least three of South Africa's major online PC retailers are offering Black Friday deals this year. PC components and peripherals are consistently among the product categories with discounts over the annual shopping event.
  3. Hanno Labuschagne

    Massmart gets new ecommerce head

    Massmart gets new ecommerce head Makro and Game owner Massmart has appointed Srividya Pandya as its new head of ecommerce, effective 1 November 2023. Pandya previously served at Massmart parent company Walmart, as vice president of strategic integration for Walmart US. She also headed the...
  4. Hanno Labuschagne

    Game and Makro launch first Black Friday 2023 deals

    Game and Makro launch first Black Friday 2023 deals Massmart has shared its plans for this year's Black Friday, including the first deals available from Builders, Game, and Makro. The company has decided to re-introduce month-long Black Friday promotions at its three biggest stores following...
  5. Hanno Labuschagne

    Jumia partners with Starlink on African rollout

    Jumia partners with Starlink on African rollout Billionaire Elon Musk’s Space Exploration Technologies Corp. will partner with e-commerce firm Jumia Technologies AG to expand its satellite broadband services in Africa. Jumia, which counts Pernod Ricard SA and Goldman Sachs Group Inc. as...
  6. Hanno Labuschagne

    TikTok's online shop is peddling counterfeit goods

    TikTok's online shop is peddling counterfeit goods TikTok’s Shop marketplace, the video app’s biggest bet for new revenue growth, has gone live for some users in the US. So far, it’s a showcase for cheap goods from China. The social media app’s Shop option, prominently displayed between the...
  7. Hanno Labuschagne

    Michael Burry exits Alibaba stake

    Michael Burry exits Alibaba stake Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the second quarter, ditching the stocks just months after doubling down on them. That’s a stark turnaround, considering the two Chinese tech giants...
  8. Hanno Labuschagne

    Shein rival sues for alleged threats and intimidation of clothing manufacturers

    Shein rival sues for alleged threats and intimidation of clothing manufacturers Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats and intimidation to block clothing manufacturers from working with the fast-rising upstart. Shein...
  9. Hanno Labuschagne

    Google Shopping adds generative AI

    Google Shopping adds generative AI Google is bringing generative AI technology to shopping, aiming to get a jump on e-commerce sites like Amazon.com Inc. The Alphabet Inc.-owned company announced features Wednesday aimed at helping people understand how apparel will fit on them, no matter...
  10. A

    Low budget retail accounting system with e-commerce

    Hi, ERP & e-commerce system enquiry.... My sister company is a 'brick & mortar' retail store in the automotive parts industry with a few hundred stock items, a couple of salespeople, a couple of admin people and a couple of storemen. They currently use 'Palladium Accounting' as their...
  11. Hanno Labuschagne

    TikTok wants a slice of Amazon's online shopping pie

    TikTok wants a slice of Amazon's online shopping pie ByteDance Ltd.’s TikTok aims to more than quadruple the size of its global e-commerce business to as much as $20 billion in merchandise sales this year, banking on rapid growth in Southeast Asia, according to people familiar with the matter...
  12. Hanno Labuschagne

    Amazon.com product search could get ChatGPT-style capabilities

    Amazon.com product search could get ChatGPT-style capabilities Amazon.com Inc. plans to bring ChatGPT-style product search to its web store, rivalling efforts by Microsoft Corp. and Google to weave generative artificial intelligence into their search engines. The e-commerce giant’s ambitions...
  13. Hanno Labuschagne

    What online shoppers should know about wrong prices on ecommerce sites

    What online shoppers should know about wrong prices on ecommerce sites Online retailers are allowed to cancel orders for items bought on their platforms at incorrect prices, according to consumer rights specialists and legal experts. In the past few months, MyBroadband has received numerous...
  14. Jan

    Sigfox South Africa says IoT at an inflection point

    What to expect from IoT in South Africa in 2023 2023 will be the year in which a sizable segment of South Africans will start to embrace Internet of Things (IoT) technology. According to South Africa's biggest provider of IoT services, Sigfox South Africa (SA), 2023 will see the start of true...
  15. Hanno Labuschagne

    Amazon.com's cut of small business sales over 50% — Report

    Amazon.com's cut of small business sales over 50% — Report Grappling with slowing sales growth and rising costs, Amazon.com Inc. is squeezing more money from the nearly 2 million small businesses that sell products on its sprawling online marketplace. For the first time, Amazon’s average cut...
  16. Jan

    Amazon reports $2.7 billion annual loss

    Amazon reports first annual loss since 2014 Amazon incurred a net loss of $2.7 billion (R46.16 billion) in 2022, the first time that the tech giant failed to make a profit since 2014. The company revealed this in its latest quarterly results presentation for the three months ending December 2022.
  17. Jan

    Fake hard drive warning

    Beware fake hard drives sold online Amazon.com shoppers should be wary of fake but positively-reviewed portable hard disk drives (HDDs) and solid-state drives (SSDs) selling on its marketplace. Review Geek recently found several 16TB portable HDDs and SSDs from unfamiliar brands on Amazon...
  18. Jan

    Makro and Takealot's best-selling products over December 2022

    Takealot and Makro reveal best-selling items over December holidays Load-shedding products were front-of-mind for many South African shoppers during this past festive season. That is according to feedback from one of the country's largest general goods retailers — Makro — and the biggest...
  19. Jan

    Laptop stolen from Department of Agriculture sold on Takealot

    Takealot merchant sold stolen laptop A Takealot shopper got a nasty surprise when the brand new laptop he bought from a reseller on the popular online store turned out to be stolen. Consumer rights journalist Wendy Knowler first reported the experience of the shopper — Somerset West resident...
  20. Jan

    Takealot launches limited edition box for December 2022

    Takealot unveils limited edition box — here is what your December delivery could look like South Africa's biggest online store — Takealot.com — will be shipping one million packages over the festive season in a limited edition box designed by the winner of its Heritage Day Design Challenge...
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