Takealot CEO and CFO step down

[Jamie McKane]

Takealot CEO and CFO step down

Takealot CEO Kim Reid and CFO Gary Altini are stepping down as executives at the online retailer.

Reid played a key role in starting Takealot in partnership with US-based investment firm, Tiger Global Management.

 

[Kodi]

Good. Can we get Kalahari back.

 

[wingnut771]

Probably got tired of this shithole.

 

[Gtx Gaming]

Early retirement?

 

[Herr der Verboten]

Good. Can we get Kalahari back.

No thanks, they were kak even before the merger and look at what happened to Take2 x Raru.

 

[zll]

Probably couldn't be bothered to deal with the investigations regarding their "monopoly" that are coming up and cashed out.

Takealot: Giant crushing smaller ‘etail’ businesses? Competitors weigh in

South Africans have changed the way they shop in fundamental ways. A lazy stroll through the mall on a Saturday isn't part of most people's recreational routin

www.biznews.com

 

[Kodi]

The e-commerce intellectual property these two possess is worth a mountain of gold. E-commerce is where it's at, globally.

 

[Kodi]

No thanks, they were kak even before the merger and look at what happened to Take2 x Raru.

They were far better imo.

 

[Herr der Verboten]

They were far better imo.

if you say so

 

[wingnut771]

Probably getting out before the courier hijackings get worse.

 

[TheMightyQuin]

Takealot CEO and CFO resign

Takealot CEO Kim Reid and CFO Gary Altini are stepping down as executives at the online retailer.

Reid played a key role in starting Takealot in partnership with US-based investment firm, Tiger Global Management.

Am I still getting my headset?

 

[Pegging]

Good. Can we get Kalahari back.

A friend of mine left a permanent job to work there. A week after he started the buyout was announced.
Kuk luck...

 

[LazyLion]

Never liked Kalahari, their service was shocking. Was disappointing that they merged.

 

[dualmeister]

B-BBEE incoming

“The appointment of the new Group CEO will reflect the company’s commitment to transformation,” Takealot said.

 

[SilverCode]

Probably find they are leaving after being caught telling their shareholders "We've cut costs by 60%!" for ages, only for share holders to do a quick Google Search and find out that not was the 60% saving a lie, but they actually had higher costs than their competitors.

 

[Dan C]

B-BBEE incoming

no more blue dot sales

 

[MrGray]

“The appointment of the new Group CEO will reflect the company’s commitment to transformation,” Takealot said.

I thought there had been one or more court cases that found that predetermining race for any position amounted to unfair discrimination and was not legal.

 

[KleinBoontjie]

B-BBEE incoming

Wonder if Kim stepped down out of her own will.

 

[grok]

Rats abandoning the ship..

A monopoly was so much easier to run & extort money from option-less customers.

 

[Fjorko]

B-BBEE incoming

^ This