Takealot under pressure
Takealot’s latest financial results showed that the ecommerce giant is feeling the impact of increased competition, labour issues, and a Competition Commission investigation.
Takealot’s results for the six months ended 30 September 2022 showed that it grew gross...
Takealot makes R224 million loss
Naspers has published interim results for the first half of its 2023 financial year (H1 FY2023), revealing a significant loss for its Takealot group of ecommerce businesses.
The group consists of general online store Takealot.com, delivery service Mr D, and...
Takealot sold 5,000 air fryers on Black Friday last year — here are its plans for 2022
Takealot is anticipating its biggest Black Friday yet in 2022, with its operations now focused on preparing for increased traffic and shopper volumes.
The country's biggest online store said the annual...
Online sales boom for Foschini Group in South Africa
The Foschini Group (TFG) recorded substantial growth in online sales in South Africa in the first half of its 2023 financial year.
Online retail turnover in the country surged 18.8% from the previous period and now accounts for 3.1% of the...
Amazon becomes first public company to lose $1-trillion value
Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing earnings updates triggered a historic selloff in the...
My supplier feeds are completely broken.
Supplier suggest using IceCat:
https://icecat.co.uk/en
But it sells for R20k and can't do it at the moment. Does anyone know of a free open source product catalogue api for Woocommerce?
Amazon marketplace artificially inflates prices — California lawsuit
California sued Amazon.com Inc., saying the company forces third-party merchants to agree to policies that lead to “artificially high prices” for consumers.
State Attorney General Rob Bonta on Wednesday announced the...
How Walmart's complete Massmart takeover could help turn around Game and Makro
Making Massmart a wholly-owned subsidiary of Walmart could give the retailer more operational flexibility to speed up the company's turnaround, expand stores, and build out its online platforms.
That is according to...
Takealot takes Amazon's expected entry into South Africa as a compliment
Takealot Group CEO Mamongae Mahlare says the potential launch of an Amazon marketplace in South Africa in 2023 is a "compliment" to Takealot and its customers.
In an interview with Bruce Whitfield's The Money Show on Talk...
Tech deal price comparison — Makro wipes the floor with Takealot
Takealot and Makro are currently running promotions featuring a range of tech deals. A MyBroadband comparison has shown that Makro is cheaper for eight of ten products we compared.
MyBroadband compared ten tech deals offered on...
Competition Commission recommends massive changes for Takealot, Google, and Uber Eats in South Africa
The Competition Commission's Online Platforms Market Inquiry has published a provisional report with recommendations that could have severe ramifications for various online platforms in South...
Takealot versus Makro — online tech pricing showdown
Massmart-owned Makro is focusing on ecommerce to compete with South African online retail giant Takealot. With better pricing on several tech products, it could be well on its way to doing so.
A MyBroadband pricing comparison revealed that...
Amazon.com planning to launch a marketplace in South Africa
Amazon is reportedly planning to launch a marketplace in South Africa that will compete against Takealot, Makro, and other online retailers.
Citing leaked documents, Business Insider reported that Amazon plans to expand to five new...
Spar stores planning online shopping launch
Spar's online shopping platform, Spar2U, will launch at many of its stores in the coming months, according to the group's interim results for the six months ended 31 March 2022.
Individual Spar branches will decide for themselves how they want to use...
Ultimate South African TV price shootout — With a clear winner and loser
If you are looking for the best deal on a TV in South Africa, you might be better off shopping at a traditional brick-and-mortar retailer than using one of South Africa's top online stores.
MyBroadband compared the prices...
I have an IT diploma in Systems Analysis & Design & from a UK college and have been working for an online store since 2012. I started out as a web developer and was heavily involved in the building and maintenance of the online store and eventually I was promoted to manage the whole online store...
South Africa's online shopping explosion
FNB's Merchant Services has recorded an explosion of growth in ecommerce sales and variety in South Africa since 2019.
The bank said the Covid-19 pandemic has exponentially accelerated the adoption of ecommerce in the country.
The most expensive products on Takealot — including a battery for R164,638
While textbooks for niche subjects remain some of Takealot's most expensive items, the online retailer also has some pricey batteries, gym equipment, and TVs on its platform.
Shoprite taking the fight to Takealot and Mr D
Shoprite has announced it has entered into a joint venture in which it will own 50% of RTT Group, the company which handles the last-mile logistics of its Checkers Sixty60 delivery service.
The retail giant said that the transaction follows the...
Online shopping scams stealing people's money and private data in South Africa
Cybersecurity company Mimecast has warned consumers to be on the lookout for a clever online shopping delivery scam in South Africa that could expose their credit card details to fraudsters.
The company's threat...