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Takealot.com

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Takealot.com
Company typeSubsidiary
IndustryE-commerce, Retail
Founded2011 (2011)
FounderKim Reid
HeadquartersCape Town, South Africa
Area served
South Africa
Number of employees
2000+
ParentNaspers
(2015–present)
SubsidiariesMr D Food
Websitewww.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]

History

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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

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Delivery Network

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

Distribution Centres

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

Collection Points

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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

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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

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References

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  1. ^ Jump up to: a b "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. ^ Jump up to: a b 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. ^ Jump up to: a b c 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. ^ Jump up to: a b "The Takealot Group Prepares to Ship 'An Order Per Second'". TechFinancials. 2019-11-19. Retrieved 2020-03-23.
  9. ^ Jump up to: a b 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.