Naspers said Takealot Group is feeling pressure from new competitors in the local market, including Amazon and Temu.

South Africa’s retail sector has been grappling with weak economic conditions, characterised by stagnant inflation-adjusted ...

Takealot is facing increased competition from global players, but it continues to gain market share in general merchandise.

Black Friday sales in the US saw contrasting trends between in-store and online shopping, with e-commerce dominating and AI ...

Amazon sellers are also being persuaded to try out the service with promises of low fees and steep discounts on products ...

The retail industry is undergoing rapid transformation, and IT News Africa’s upcoming Digital Retail Africa 2025 is set to prepare businesses for the challenges and opportunities ahead. Taking place ...

Ultra low-cost online retailers Temu and Shein are giving Western retailers a run for their money this holiday shopping ...

When surveyed, 77% of Americans prefer to buy goods made in the United States, especially during holidays, and 82% said they ...

Naspers said the aim is for Amsterdam-listed Prosus, which holds international investments including a 24.3% stake in Chinese ...