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.

In terms of tech products, Temu has a greater variety of hardware compared to Amazon's new Haul program. Prices on both ...

Retailers want to tap into the more than 170 million Americans on TikTok who shop on impulse as they scroll through videos.

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

South Africa’s retail sector has been grappling with weak economic conditions, characterised by stagnant inflation-adjusted GDP over the past five years, persistently high unemployment, and elevated ...

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

Temu and Shein's viability in the U.S. could rely on whether Biden or Trump opt for meaningful changes to de minimis rules in ...