The head of technology firm Naspers, which operates the largest e-commerce platform in SA, continues to believe that Takealot can effectively defend its place against US giant Amazon, which, according to a leaked report, is expected to launch locally in the coming months.
While Naspers, valued at about R1.1-trillion on the JSE, is primarily focused on its international investments, the group maintains two units in SA — publisher and news outlet Media24 and Takealot...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 Sunday Times Daily.
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