superbalist

  1. Jan

    Superbalist sold to private equity investors

    Takealot sells Superbalist Superbalist has been acquired by a South African consortium of retail and private equity investors led by Blank Canvas Capital. MyBroadband learned of the sale from an anonymous source, and Takealot confirmed that it no longer owns Superbalist as of 1 September 2024.
  2. Jan

    Superbalist confirms Section 189 process underway

    Takealot-owned Superbalist to cut staff Superbalist has started the process to retrench workers after parent company Takealot posted a $ 22 million (R420-million) loss for its last financial year. “Superbalist has embarked on a Section 189 process that will lead to the restructure of its...
  3. Jan

    Superbalist vs Bash delivery times tested

    Superbalist beats Bash on delivery thanks to Takealot ties MyBroadband tested ordering from Bash and Superbalist to compare the experience and delivery times, and Superbalist beat Bash hands down. Superbalist is an online store owned by Takealot that specialises in clothing and carries many...
  4. Jan

    Takealot still not profitable, reports R224 million loss

    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...
  5. Jan

    Takealot Group grows revenue to R13 billion, still makes R111 million loss

    Takealot makes R111 million loss despite massive revenue increase Takealot grew its gross merchandise value by 34% and revenue by 27%, Naspers reported in its annual results for the period 1 April 2021 – 31 March 2022. Naspers noted that these percentages represent growth in local currency...
  6. Jan

    Takealot Group "nearing breakeven" with $2m trading loss

    Takealot shrinks trading loss to R31 million The Takealot Group grew revenues by 36% while decreasing trading losses to “near breakeven” of $2 million (R31 million), Naspers reported in its interim results for the six months to 30 September 2021.
  7. Jan

    Over R14 billion in products sold on Takealot

    Takealot made R14.66 billion in sales over the last year The Takealot Group, which includes Takealot.com, Superbalist, and Mr D Food, increased revenues by 65% to US$606 million (R8.7 billion) over the last year. This was revealed in Naspers’ results for the year ended 31 March 2021, which was...
  8. J

    Superbalist launches Click and Collect service

    Superbalist launches Click and Collect service Superbalist has launched its new Click and Collect service for online shoppers, allowing customers to pick up their deliveries from designated points. Customers can use the service by choosing the “Collection” option when they check out using the...
  9. Kevin Lancaster

    Parcelninja attracts R20 million UK investment

    Parcelninja attracts R20 million investment E-commerce start-up Parcelninja has attracted a R20 million investment from C5 Holdings
  10. QuintonB

    Takealot.com acquires designer marketplace Superbalist

    Takealot.com buys Superbalist Online retailer Takealot.com has acquired 100% of designer online marketplace, Superbalist the company announced.
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