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

_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

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Source: News24 - 🏆 4. / 80 Read more »