South Africa’s Takealot to extend reach in towns and townships
NQOBILE DLUDLA TAKEALOT group, which includes South Africa's biggest e-commerce retailer Takealot.com, is pushing further into townships and growing its new grocery partnership to defend its market share. Competition is expected to intensify following a report U.S. e-commerce giant Amazon will launch locally in the coming year. Amazon has declined to comment on the report. Mamongae Mahlare, the chief executive officer of Takealot, said the group's delivery network and local appeal would ensure it competed. "Our confidence lies in South Africans, lies in us as a home-grown South African business," she said in an interview with Reuters. She said the…