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South African e-commerce company
Takealot.com (officially Takealot Online (Pty) Ltd., stylized as takealot.com, and commonly simply referred to as Takealot)[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.[3]
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.[1][9]
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 which later was acquired by a South African consortium of retail and private equity investors, led by Blank Canvas Capital on September 1, 2024.[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]
As of 2019, takealot.com contracts over 4,500 delivery drivers and carries out over 1.6 million monthly deliveries.[5][8]
Distribution Centres[edit]Takealot.com currently has distribution centres in the Western Cape and Gauteng.[5]
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]
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 a one-hour lunch break.[citation needed]
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