Driving returns: Takealot eyes profits from Superbalist and Mr D within the next two years | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Online retail group Takealot, which also owns Mr D and Superbalist, plans to have all three of its divisions profitable within the next two financial years. | News24_Business

Online retail group Takealot, which also owns Mr D and Superbalist, plans to have all three of its divisions profitable within the next two financial years.

The group's key business, Takealot.com, has already been profitable for the past two financial years, but its other newer units, delivery business Mr D and clothing retailer Superbalist, have yet to achieve this milestone. Overall, the group reported a $13 million loss for the six months to September, the first half of its 2023 year, even as the market had been hoping the 11-year-old business would turn profitable.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business By employing illegal immigrants in South Africa?

_Business Oooh I don’t know, with Amazon open next year, it’s going to take a miracle for that to happen! 🤷🏻‍♂️

sibonisonzama _Business They should stop the exploitation of desperate migrants who work as delivery jockeys with fake identification and driver licences. The poor migrants work in the dangerous SAn roads on bikes owned by white kids without protection. They earn peanuts and have no legal protection

_Business Delivery prices, eish

_Business if they couldn't do it without competition... how they gonna do it when Amazon comes in next year

_Business Take a lot is super expensive….Which Amazon can come to South Africa

_Business Drivers don't make money because the customers feel it's too expensive to tip the drivers

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business shows support for Eskom leadership amid load shedding crisis | BusinessBusiness and SA’s energy sector have emphasised their support for Eskom’s current leadership, who have come under fire for the latest prolonged bout of load shedding, especially from Mineral Resources and Energy Minister Gwede Mantashe. | News24_Business _Business White Business and White SA’s energy sector have emphasised their support for Eskom’s current leadership, who have come under fire for the latest prolonged bout of load shedding, especially from Mineral Resources and Energy Minister Gwede Mantashe. | _Business _Business Is nice being white indeed _Business Surely it is not a crises coal and electricity is causing global warming and CR is being paid big USD to 'transform' our grid.
Source: News24 - 🏆 4. / 80 Read more »