Takealot — founded in 2011 and comprising takealot.com, fashion outfit Superbalist and food delivery business Mr D Food — has long enjoyed its position atop SA’s online retail market.
As of next year, however, the Naspers-owned group will see the world’s largest online retail platform encroach on its turf. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
'amazon buys out Takealot Group'
From a customer service point, Takelot will lose.
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Takealot’s plan to take on AmazonAs the international retail giant prepares to enter the local e-commerce market, Takealot is bracing for the looming battle. But first there are some hurdles to overcome, not least of them a Competition Commission investigation into alleged ‘bullying’ practices
Source: FinancialMail - 🏆 20. / 63 Read more »