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Massmart looking to beef up its online retail with potential acquisition of OneCart

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The company says the acquisition could allow the company to expand its capabilities in the on-demand delivery segment

Massmart is looking to acquire the controlling stake in the privately owned outfit OneCart to beef up its digital solutions.

As recently as three weeks ago, Massmart announced that it was writing down the value of Game, one of its flagship retail chains, by about half-a billion rand, indicating the fallout of the pandemic on sales.

 

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Massmart looking to beef up its online retail with potential acquisition of OneCartThe company says the acquisition could allow the company to expand its capabilities in the on-demand delivery segment
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