In South Africa, Amazon and local ecommerce giant Takealot are engaged in a battle for supremacy in the rapidly growing ecommerce market, which is projected to reach $72bn within two years. Amazon’s business model, which provides a highly personalized shopping experience, has won over many South African consumers, while Takealot’s existing foothold in the local market has made it a formidable competitor. However, with the launch of Amazon’s South African website imminent, industry experts predict a challenging time for Takealot. The competition between these two ecommerce titans signals a new phase in the South African ecommerce sector marked by intense rivalry and innovation.
Takealot, a popular South African online retailer, has introduced a new ondemand delivery service named TakealotNow. This service promises to deliver products within a onehour timeframe. This innovative service is currently available only in the Northern Suburbs of Cape Town. However, Takealot plans to expand this service throughout the city in the coming months.
The South African Post Office (SAPO) has faced numerous challenges in recent years, including financial difficulties, strikes, and mismanagement of funds, leading to its provisional liquidation. Despite these setbacks, the Minister of Communications and Digital Technologies has reassured the public that efforts are underway to save the entity.