Ecommerce
latest news & developments
Naspers profitability jumps 84%, free cash flow up US$2bn in 3 years
Naspers announces a landmark FY26, showcasing an 84% surge in ecosystem profitability and record free cash flow of US$1.5bn. The company highlights the success of its AI-powered…
Prosus profitability jumps 84%, free cash flow up US$2bn in 3 years
Prosus reports a landmark FY26, showcasing strong financial results, disciplined capital allocation, and accelerating AI innovation. The company's AI-powered Lifestyle Ecosystem,…
Retail industry calls for level playing field amid Sars delay in implementing 45% tariff on Shein, Temu
The South African clothing industry bemoans injustice as the Reserve Bank loses R3.5 billion as a result of lower duties on imported products
No silver bullet solution, Takealot boss says as Chinese retailers penetrate local space
The company has welcomed the removal of concessions that will make it more expensive to buy apparel from international online retailers such as China’s Shein and Temu
Naspers sees continuation of its Media24 business despite print publication cuts
The company said it was responding to the global culture of online news consumption This content is restricted to registered users and subscribers. Get Your Free Account The Mail…