Takealot Group
Takealot Group55About
What does Takealot Group do?
Takealot Group is the leading e-commerce retailer in South Africa, operating a comprehensive platform that includes online retail, fashion, and on-demand delivery services. It aims to be the most customer-centric online shopping destination in Africa, providing a seamless experience from browsing to delivery.
What is Takealot Group's valuation?
StartupHub estimates Takealot Group's effective valuation at $799.5M (range $529.9M to $1.3B, 10% confidence), based on comparable companies in the sector.
How much funding has Takealot Group raised?
Takealot Group has raised a total of $212M in funding. The most recent round on record is Series D.
Where is Takealot Group headquartered?
Takealot Group is headquartered in Cape Town, South Africa.
When was Takealot Group founded?
Takealot Group was founded in 2011.
Takealot Group directly competes with Amazon's e-commerce marketplace in South Africa for online retail customers across various product categories.
Takealot's Marketplace and Fulfilment by Takealot (FBT) services provide SMEs with access to a large customer base and logistics infrastructure, enabling them to sell products online without needing their own extensive e-commerce setup.
Pick n Pay could leverage Takealot's Mr D platform for expanded on-demand grocery delivery services, building on existing collaborations to reach more customers with rapid delivery.
Takealot's Mr D and TakealotNOW platforms rely on a network of independent couriers and gig partners for last-mile delivery, offering them opportunities for flexible work.
Buyer fit inferred by StartupHub from what Takealot Group sells and public signals about each company. Only rows badged "already a customer" are confirmed relationships.
Naspers would further consolidate its position as the dominant e-commerce player in South Africa and potentially expand its reach into other African markets by fully integrating Takealot Group's operations.
Precedent: Acquired Takealot Group (increased shareholding to 96%), 2018
Strategic fit inferred by StartupHub from each buyer's own acquisition history. No deal, approach or discussion is implied.
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