Takealot.com

Last updated

Takealot.com
Company type Subsidiary
Industry E-commerce, Retail
Founded2011 (2011)
FounderKim Reid
Headquarters Cape Town, South Africa
Area served
South Africa
Number of employees
2000+
Parent Naspers
(2015–present)
Subsidiaries Mr D Food
Website www.takealot.com

Takealot.com (stylised as takealot.com) [1] is a South African e-commerce company based in Cape Town, South Africa. It is regarded as South Africa's largest online retailer, [2] [3] takealot.com has helped grow online shopping in South Africa, [4] [5] [6] and was the first local retailer to take part in Black Friday. [7] [8] As of November 2019, over 2500 third-party businesses use the Takealot Marketplace platform to sell to over 1.8 million takealot.com shoppers. [3]

Contents

History

In October 2010, former MWEB CEO Kim Reid and US-based investment firm Tiger Global Management acquired existing South African ecommerce business Take2, renaming it takealot.com. [9] Takealot.com was officially launched to the public in June 2011. [1] [9]

In 2014, takealot.com successfully launched its own on-demand food delivery service after acquiring Mr Delivery (rebranded Mr D Food) [10] and Superbalist.com, a fashion e-tailer which later was acquired by a South African consortium of retail and private equity investors, led by Blank Canvas Capital on September 1, 2024. [11] In the same year, takealot.com announced that a merger would take place with Kalahari.com. [12] [13] [14] The merger was successfully completed in May 2015. [15] [16]

About

Delivery Network

As of 2019, takealot.com contracts over 4,500 delivery drivers and carries out over 1.6 million monthly deliveries. [5] [8]

Distribution Centres

Takealot.com currently has distribution centres in the Western Cape and Gauteng. [5]

Collection Points

In April 2019 takealot.com opened its first series of collection points, branded Takealot Pickup Points. [17] [18] [19] As of March 2020, over 50 Takealot Pickup Points are available in all 9 South African provinces. [20] [21]

Criticism

Takealot has garnered attention from South African labour unions following protests from Takealot workers in July 2022. [22] [23] Some workers have stated that they work more than 12-hour shifts, with only one-hour lunch break.

See also

Related Research Articles

<span class="mw-page-title-main">MTN Group</span> Multinational telecommunications company based in South Africa

MTN Group Limited is a South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg. MTN is among the largest mobile network operators in the world, and the largest in Africa.

<span class="mw-page-title-main">MultiChoice</span> South African based satellite TV company in Sub-Saharan Africa

MultiChoice is a South African company that operates DStv, a major satellite television service in Sub-Saharan Africa, and GOtv, a minor service operating in over nine countries of this area and Showmax service. MultiChoice was formed out of the subscriber-management branch of the M-Net terrestrial pay television company, and broadcasts the full range of M-Net channels on the DStv service. MultiChoice is owned by the media conglomerate of the same name. One of the subsidiaries of MultiChoice is DStv Stream, formally DStv Now then DStv App, a service that delivers television transmission to mobile devices such as laptops, smart phones and notebooks.

<span class="mw-page-title-main">SEACOM (African cable system)</span> African submarine communications cable

SEACOM launched Africa's first broadband submarine cable system along the continent's Southern coasts in 2009. SEACOM is privately owned and operated.

Mweb (Pty) Ltd is an Internet Service Provider based in South Africa since 1997.

WantItAll.co.za is an online shop based in Johannesburg, South Africa that sells over 14 million products. Founded in 2006 by Justin Drennan, Ryan Drennan and Terence Murphy, the company received venture capital and investment from entrepreneurs David Frankel (entrepreneur) and Ronnie Apteker. WantItAll is ranked as the third largest web store in South Africa in terms of sales and the second largest in terms of visitors as per Alexa Internet rankings, with 200 000 customers and over 150 000 products shipped from the US to South Africa.

<span class="mw-page-title-main">Internet Solutions</span> African telecommunications company

Internet Solutions (IS) is an Internet services provider for public and private sector organisations. It is a wholly owned subsidiary of the Dimension Data Group and part of NTT.

<span class="mw-page-title-main">Movile (company)</span> Brazilian firm

Movile is a local Brazilian firm headquartered in Campinas, Brazil. Movile operates in the segments of food ordering and delivery, ticketing, and logistics. It has had mixed success till now with the bet on food delivery maturing (iFood) while other bets still at nascent stage or under performing.

Konga.com is a Nigerian e-commerce company founded in July 2012 with headquarters in Gbagada, Lagos State. It offers a third-party online marketplace, as well as first-party direct retail spanning various categories including consumer electronics, fashion, home appliances, books, children's items, computers & accessories, phones and tablets, health care, and personal care products. The company also has a logistics service (EXPRESS), which enables the timely shipment and delivery of packages to customers.

<span class="mw-page-title-main">Naspers</span> Multinational holding and investment company

Naspers Limited is a South African multinational internet, technology and multimedia holding company headquartered in Cape Town, with interests in online retail, publishing and venture capital investment. Naspers' principal shareholder is its Dutch listed investment subsidiary Prosus, which owns approximately 49% of its parent as part of a cross ownership structure.

Sybrin is a software company headquartered in Johannesburg, South Africa that sells enterprise software and services to the financial services, insurance, and telecommunications industries. Sybrin implemented the first cheque truncation system in Africa, the third in the world, in Malawi.

<span class="mw-page-title-main">OLX</span> Online marketplace

OLX Group is a Dutch-domiciled online market place headquartered in Amsterdam. The OLX consumer brand originated as OnLine eXchange in 2006. OLX Group is owned by Prosus, the international assets division of Naspers.

Xneelo (Pty) Ltd formerly Hetzner (Pty) Ltd is a web hosting company based in South Africa. It was sometimes called Hetzner South Africa to distinguish it from the German partner company Hetzner Online GmbH. The company announced a rebrand to xneelo in July 2019.

<span class="mw-page-title-main">Prosus</span> Internet Investment division of Naspers

Prosus N.V., or Prosus, is a global investment group that invests and operates across sectors and markets with long-term growth potential. It is among the largest technology investors in the world.

Koketso Moeti is a civic activist based in South Africa known for creating the text message-based civic engagement tool Amandla.mobi.

Ozow, previously known as i-Pay, is a fintech company based in South Africa.

Cool Ideas is a South African Internet service provider, providing FTTH services to the South African consumers.

Lesaka Technologies is a South-African financial technology company that is listed on the NASDAQ and Johannesburg Stock Exchange. Lesaka’s primary focus is on financial inclusion, offering financial services to previously underserved communities and merchants.

As of 2020, there were 6,367 electric vehicles in South Africa. As of 2022, 0.2% of new cars sold in South Africa were fully electric.

SweepSouth is a South African on-demand online platform for domestic cleaning services. It is the first end-to-end booking platform for home cleaning services in Southern Africa.

References

  1. 1 2 "Takealot". www.takealot.com. Takealot. Retrieved 23 March 2020.
  2. ↑ "eCommerce Market South Africa - Data, Trends, Top Stores". ecommercedb.com. Retrieved 2020-03-23.
  3. 1 2 Malinga, Sibahle. "Takealot edges closer to 2m customers". No. 13 November 2019. ITWeb. Retrieved 23 March 2020.
  4. ↑ Tsele, Lebogang (2017-10-27). "How Takealot Became SA's Best Online Retailer". SME South Africa. Retrieved 2020-03-23.
  5. 1 2 3 Malinga, Sibahle (2019-11-19). "Inside Takealot's upgraded warehouse and distribution centre". ITWeb. Retrieved 2020-03-23.
  6. ↑ "Food delivery in South Africa is huge: The crazy numbers behind Mr D Food". businesstech.co.za. Retrieved 2020-03-23.
  7. ↑ "Wendy Knowler". TimesLIVE. Retrieved 2021-02-04.
  8. 1 2 "The Takealot Group Prepares to Ship 'An Order Per Second'". TechFinancials. 2019-11-19. Retrieved 2020-03-23.
  9. 1 2 Claasen, Larry. "SA's Amazon: The Takealot takeover". Brainstorm Magazine. Retrieved 2020-03-25.
  10. ↑ Pazvakavambwa, Regina (2018-08-03). "Mr D Food app hits a million downloads". ITWeb. Retrieved 2020-03-23.
  11. ↑ "Takealot.com acquires Superbalist". businesstech.co.za. Retrieved 2020-03-23.
  12. ↑ "Naspers bags all of Takealot - TechCentral". techcentral.co.za. Retrieved 2020-03-23.
  13. ↑ "How much money the Takealot-Kalahari merger was worth". businesstech.co.za. Retrieved 2020-03-23.
  14. ↑ "Naspers to pump R1bn into Takealot - TechCentral". techcentral.co.za. Retrieved 2020-03-25.
  15. ↑ "Kalahari ceases to exist with finalisation of Takealot merger". Ventureburn. 2015-05-04. Retrieved 2020-03-23.
  16. ↑ "Kalahari down for good" . Retrieved 2020-03-23.
  17. ↑ "Takealot launches nationwide Pickup Points, flagship Midrand facility". Engineering News. Retrieved 2020-03-23.
  18. ↑ "Takealot opens collection points across South Africa" . Retrieved 2020-03-23.
  19. ↑ "A first look inside Takealot's new flagship Gauteng pick-up point - TechCentral". techcentral.co.za. Retrieved 2020-03-23.
  20. ↑ "Takealot Pickup Points". www.takealot.com. Retrieved 2020-03-23.
  21. ↑ "Takealot launches national pickup points". www.techsmart.co.za. Retrieved 2020-03-23.
  22. ↑ "Takealot feeling the heat" . Retrieved 2022-12-15.
  23. ↑ "Takealot workers strike for permanent positions" . Retrieved 2022-12-15.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.