Takealot

Takealot,

Takealot’s Steady Progress Signals E-commerce Shift in South Africa

  • Takealot, a prominent South African online retailer under Naspers, significantly reduced its trading losses by 85%, showcasing substantial progress in its quest for profitability.
  • Naspers reported a surge in revenue by 9% to $3 billion, yet operating costs led to an extended operating loss of $426 million, primarily due to challenges in its e-commerce segment.
  • Despite obstacles like currency fluctuations and market challenges, Takealot demonstrated growth in gross merchandise volume (GMV) and marketplace seller base, hinting at a promising trajectory toward financial viability.

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Takealot

Takealot Unveils Spectacular Black Friday 2023 Shopping Bonanza

  • Takealot’s Blue Dot Sale returns for Black Friday 2023, offering exclusive deals: The sale spans from Black Friday through Cyber Monday, with early access sales starting a few days earlier. The event showcases discounts of up to 50% on various products, emphasizing TVs, appliances, beauty items, toys, and household essentials.
  • Special ‘Takealot Tuesday’ to spotlight local businesses: In addition to the Blue Dot Sale, Takealot plans to highlight local businesses operating within its marketplace during this event, aiming to boost their visibility and offerings.
  • Enhanced shopping experiences: Takealot promises a 24-hour live shopping marathon on Black Friday, featuring product launches, exclusive deals, giveaways, and guest appearances across social media platforms like Facebook and Instagram. Furthermore, it introduces a first-of-its-kind offer, enabling quick deliveries through TakealotNOW in select areas.

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