Takealot.com explained

Takealot.com
Type:Subsidiary
Industry:E-commerce, Retail
Founder:Kim Reid
Parent:Naspers
(2015–present)
Location:Cape Town, South Africa
Area Served:South Africa
Num Employees:2000+
Subsid:Mr D Food
Superbalist

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.

History

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.

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.[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

Delivery Network

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

Distribution Centres

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

Collection Points

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

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.

References

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Notes and References

  1. Web site: Takealot. www.takealot.com. Takealot. 23 March 2020.
  2. Web site: eCommerce Market South Africa - Data, Trends, Top Stores. ecommercedb.com. en. 2020-03-23.
  3. News: Malinga . Sibahle . Takealot edges closer to 2m customers . 23 March 2020 . 13 November 2019 . ITWeb . 2.
  4. Web site: How Takealot Became SA's Best Online Retailer. Tsele. Lebogang. 2017-10-27. SME South Africa. en-ZA. 2020-03-23.
  5. Web site: Inside Takealot's upgraded warehouse and distribution centre. Malinga. Sibahle. 2019-11-19. ITWeb. en-ZA. 2020-03-23.
  6. Web site: Food delivery in South Africa is huge: The crazy numbers behind Mr D Food. . businesstech.co.za. en-US. 2020-03-23.
  7. Web site: Wendy Knowler. 2021-02-04. TimesLIVE. en-ZA.
  8. Web site: The Takealot Group Prepares to Ship 'An Order Per Second'. . 2019-11-19. TechFinancials. en-US. 2020-03-23.
  9. Web site: SA's Amazon: The Takealot takeover. Claasen. Larry. Brainstorm Magazine. en-gb. 2020-03-25.
  10. Web site: Mr D Food app hits a million downloads. Pazvakavambwa. Regina. 2018-08-03. ITWeb. en-ZA. 2020-03-23.
  11. Web site: Takealot.com acquires Superbalist. . businesstech.co.za. en-US. 2020-03-23.
  12. Web site: Naspers bags all of Takealot - TechCentral. techcentral.co.za. 2020-03-23.
  13. Web site: How much money the Takealot-Kalahari merger was worth. . businesstech.co.za. en-US. 2020-03-23.
  14. Web site: Naspers to pump R1bn into Takealot - TechCentral. techcentral.co.za. 2020-03-25.
  15. Web site: Kalahari ceases to exist with finalisation of Takealot merger. 2015-05-04. Ventureburn. en-ZA. 2020-03-23.
  16. Web site: Kalahari down for good. . en-US. 2020-03-23.
  17. Web site: Takealot launches nationwide Pickup Points, flagship Midrand facility. Engineering News. 2020-03-23.
  18. Web site: Takealot opens collection points across South Africa. . en-US. 2020-03-23.
  19. Web site: A first look inside Takealot's new flagship Gauteng pick-up point - TechCentral. techcentral.co.za. 2020-03-23.
  20. Web site: Takealot Pickup Points. www.takealot.com. 2020-03-23.
  21. Web site: Takealot launches national pickup points. www.techsmart.co.za. 2020-03-23.
  22. Web site: Takealot feeling the heat. 2022-12-15.
  23. Web site: Takealot workers strike for permanent positions. 2022-12-15.

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