Online shopping is taking hold in mall-loving South Africa ...Middle East

Quartz - Economy
Online shopping is taking hold in mall-loving South Africa
source : Quartz ( Middle East ) () 20
The pandemic has jump-started e-commerce in South Africa.One of the biggest winners may be Takealot.com, a local e-commerce website that launched nearly a decade ago and later became part of Naspers, Africa’s biggest company by market capitalization. Revenue at Takealot reached $238 million in the six months that ended Sept. 30, its most recently reported period. That’s up 41% from the same period a year earlier.Developments such as same-day delivery of groceries and the ability to collect packages when and where convenient have paved the way for a growing number of South Africans to carry on from the comfort of home amid varying levels of a nationwide lockdown designed to slow the spread of

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