South African e-commerce giant Takealot, owned by Naspers, is encountering increased competition from newcomers like Temu and Amazon.
Jumia Technologies, a leading African e-commerce platform, is shutting down its South African online fashion retailer Zando by year-end.
Takealot has raised its standard delivery fee and increased the minimum order value for free delivery, to R75 and R650 respectively.
The South African Revenue Service (SARS) has announced interim tax measures set to impact e-commerce platforms like Shein and Temu.
Woolworths has expanded its online offerings to include tech products, such as smartphones, gaming consoles, laptops, and tablets.
Temu and Shein are facing a significant influx of orders from South Africa, causing strain on their logistics partner.
While Pick n Pay faces various challenges, there's a bright spot in its business, led by its asap! platform.
Amazon has announced its official entry into the South African e-commerce market, marking a significant step for the retail giant.
The TikTok Shop marketplace has gone live for some users in the US, and it's already a showcase for cheap goods from China.
Yes you read that correctly but the above only applies to FNB customers who buy items using their virtual cards.
Having reported outrageous Black Friday volumes recently, FNB have now revealed that the spending increased by 19% year-on-year.
It seems the hype behind Black Friday isn't going to die down anytime soon especially if we are going to go by what FNB has reported.
