Kalahari merges with Takealot

Kalahari.com and takealot.com, two of the leading general etailers in South Africa, have announced that they are merging their operations.

The move was driven by the fact that, without scale, SA etailers simply can’t compete successfully against the local brick and mortar retailers and foreign companies such as Amazon and Alibaba. “After many years of losses on Kalahari and 4 years on takealot, we realise we have to work together if we are to survive and prosper”, said Oliver Rippel, senior executive responsible for Kalahari. “If you also take into account an uneven playing field against foreign operators who do not pay tax in South Africa, and the fact that high broadband costs are impeding the speed of growth in local online shoppers, combining forces gives us a better chance of success”.

See more at paymentsafrika.com

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *