Takealot.com
Takealot.com (stylised as takealot.com) is a South African e-commerce company based in Cape Town, South Africa. As the country's largest online retailer,"" takealot.com has helped grow online shopping in South Africa, and was the first local retailer to take part in Black Friday. As of November 2019, over 2500 third-party businesses use the Takealot Marketplace platform to sell to over 1.8 million takealot.com shoppers. History. In October 2010, former MWEB CEO Kim Reid and US-based investment firm Tiger Global Management acquired existing South African ecommerce business Take2, renaming it takealot.com. Takealot.com was officially launched to  the public in June 2011. In 2014, takealot.com successfully launched its own on-demand food delivery service after acquiring Mr Delivery (rebranded "Mr D Food") and Superbalist.com, a curated design and fashion e-tailer. In the same year, takealot.com announced that a merger would take place with Kalahari.com, a Naspers-owned ecommerce company. The merger was successfully completed in May 2015. During 2017 Naspers increased its investment to 96% after acquiring Tiger Global Management's stake in full. In October 2018, Superbalist.com and Spree (also part of the Naspers portfolio) merged businesses under the Superbalist.com brand, with Takealot group owning  49% of the new business and retaining management control. Delivery Network. In June 2011, takealot.com purchased a 40% minority stake in Mr Delivery, a multi-restaurant delivery service, as the company sought to build out its own in-house logistics expertise under the Takealot Delivery Team division. In January 2013, takealot.com acquired a controlling stake in Mr Delivery. As of 2019, takealot.com contracts over 4,500 delivery drivers and carries out over 1.6 million monthly deliveries. Distribution Centres. Takealot.com currently has distribution centres in the Western Cape, Kwa-Zulu Natal and Gauteng, totalling 75 000 m. Its Johannesburg distribution centre houses  almost 4 million products at any time and dispatches on average 10 000 parcels every hour. Collection Points. In April 2019 takealot.com opened its first series of collection points, branded Takealot Pickup Points. An alternative option to delivery, customers are able to collect and return orders any day of the week. As of March 2020, over 50 Takealot Pickup Points are available in all 9 South African provinces. The 1 177 m2 flagship Takealot Midrand (N1 Bridge) Pickup Point spans Africa's busiest highway, and is able to support more than 7 000 collections a day.