kim reid

  1. Hanno Labuschagne

    Takealot group chairperson and former CEO departs

    Takealot group chairperson and former CEO departs Takealot Group has announced the departure of Mamongae Mahlare as executive chairperson of the e-commerce giant, effective end of December 2024. Mahlare joined Takealot from Illovo Sugar South Africa in October 2021. She previously held...
  2. Jan

    Some Raru customers are struggling to get refunds on delayed and cancelled orders

    Huge problems at Raru Reputable and well-established online store Raru has faced a barrage of complaints from customers saying they have struggled to get refunds from the company after unreasonable delivery delays. The once-beloved company has seen its aggregate review score on Hello Peter...
  3. Jan

    Kim Reid hired as BetKing CEO

    Takealot founder and former CEO hired to head MultiChoice-owned sports betting company Blue Lake Ventures Group (BLV Group) has appointed Takealot founder and former CEO Kim Reid as its CEO, Daily Investor reports. BLV owns Africa-focused online sports betting service BetKing, and pay-TV giant...
  4. Jan

    Takealot revenue surged from $606 million to $827 million - why hasn't it broken even?

    Takealot under pressure Takealot is under siege with increased competition from large brick-and-mortar retailers, Amazon.com is planning to launch local operations, it has lost many top executives, and the Competition Commission is on its back. Takealot was launched in June 2011, following the...
  5. Jan

    Big year for Takealot

    Takealot's incredible year Takealot had an incredible year. It increased revenues by 65% to R8.7 billion, grew the company to 4,000 employees, supports 15,000 drivers, and has 4,500 sellers on its marketplace. Speaking to The Money Show, outgoing CEO Kim Reid said 2020 started off poorly —...
  6. Kevin Lancaster

    Takealot says customers are top priority

    You are our number one priority: Takealot Takealot has sent an e-mail to customers to reassure them following the announcement of its planned merger with Kalahari
  7. Kevin Lancaster

    We make a loss on R27,000 Google Glass: Takealot CEO

    We make a loss on R27,000 Google Glass: Takealot CEO Takealot CEO Kim Reid says that the online retailer has sold 12 sets of Google Glass in South Africa – and quipped that it made a loss on each one
  8. QuintonB

    Takealot's R1 billion e-commerce plans

    What Takealot will do with R1 billion Takelot has secured R1 billion in funding, and South Africans can expect fireworks in the local e-commerce space
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