Takealot News

Kim Reid, Founder & Co-CEO, Takealot

Africa's most valuable company Naspers ups investment in South Africa's largest e-commerce company Takealot

Naspers, Africa’s biggest ecommerce and digital company, has just invested R960 million (about $69.4 million) in Takealot Online, South Africa’s largest ecommerce company.

US President Barack Obama (L) and M-KOPA Solar representative. M-KOPA, headquartered in Nairobi, Kenya, is the global leader of “pay-as-you-go” energy for off-grid customers.

The African tech startup scene has been transformed in just four years

Last month DEMO Africa took place in Lagos, Nigeria, with 30 tech startups pitching to an audience of investors.

Seed funding for African tech startups is really taking off

Venture capital funding for African tech startups is really taking off - here's why

It is well established that VC investing globally is on the rise, but there is increasing evidence that more of this money is landing in Africa too, as the continent is now deemed a less risky place for investors to put their cash.

African venture capital activity shows impressive spike in 2014

African venture capital activity shows impressive spike in 2014

It’s been a good year for Africa’s startups. In terms of investment activity at least, data from one of the world’s most comprehensive startup databases, CrunchBase, shows that there’s been a huge increase within the last year, highlighting confidence.

Johannesburg skyline | Source: Shutterstock

In South Africa, more evolution than revolution

When Khanyi Dhlomo opened a plush designer boutique here late last year, it revealed as much about the national psyche as it did about the local fashion industry.

Takealot CEO Kim Reid, who will manage the merged entity under the Takealot brand together with Co-CEO and CTO Willem van Biljon

Kalahari.com and Takealot.com in merger deal

South African e-commerce giants, Kalahari.com and Takealot.com, have announced that they are merging their operations.