Takealot suffers a $22M loss

JSE-listed tech and investment group Naspers has seen its operating losses significantly worsen over the last financial year with South Africa’s biggest online retailer which owns clothing businesses Superbalist and Mr. Delivery, Takealot, posting a loss of R400 million (USD22 million), significantly higher than the US$7 million (R129 million) a year earlier. The operating environment … Continue reading Takealot suffers a $22M loss