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 ...

And so this week, Amazon is rolling out Haul, a new section — a storefront, really — to its hundreds of millions of users.

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 ...

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Amazon's new platform Haul offers products under $20 to compete with Temu and Shein. Click here to read why AMZN stock is a ...

But then again, maybe it’s not really trying to? As you’re shopping for Black Friday, you may notice a brand new arm of ...

Amazon's stock trades at more than 40 times earnings and entering trading on Tuesday, it was up more than 32% since the start ...

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