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South Africa E-commerce industry to reach $7 9 billion by 2027, research

Insights on the South Africa E-Commerce Market to 2027 - Featuring Takealot, Superbalist and Woolworths Among Others

Insights on the South Africa E-Commerce Market to 2027 - Featuring Takealot, Superbalist and Woolworths Among Others

The South Africa E-Commerce Industry is Projected to Reach $7 9 Billion by 2027

Takealot is a winner in South Africa s online shopping growth — Quartz Africa

The pandemic has jump-started e-commerce in South Africa. One of the biggest winners may be Takealot.com, a local e-commerce website that launched nearly a decade ago and later became part of Naspers, Africa’s biggest company by market capitalization. Revenue at Takealot reached $238 million in the six months that ended Sept. 30, its most recently reported period. That’s up 41% from the same period a year earlier. Developments such as same-day delivery of groceries and the ability to collect packages when and where convenient have paved the way for a growing number of South Africans to carry on from the comfort of home amid varying levels of a nationwide lockdown designed to slow the spread of the novel coronavirus.

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