What is takealot.com? Takealot.com Review

What is takealot.com? Takealot.com Review
Takealot.com is a leading online retailer in South Africa. The platform mainly sells books, electronic products, gardening supplies, mother and baby products, etc. Business scope Vertical website Established in June 2011 Headquarters Cape Town Founder Kim Reid Website https://www.takealot.com/


history

Takealot was formerly known as South African online retailer Take2, which was renamed after being acquired by hedge fund gaming giant Tiger Global in 2011. Since then, Takealot has gradually developed into a leading e-commerce company in the South African market.

develop

In May 2014, Takealot received a $100 million investment from Tiger Global Management.

Statistics show that by the end of 2014, Takealot had 1 million active users, becoming synonymous with e-commerce in South Africa.

In May 2015, Takealot acquired Kalahari, a 17-year-old e-commerce giant, with the aim of integrating resources to compete with Amazon.

In June 2016, German e-commerce incubator Rocket Internet announced on the 24th that its e-commerce platforms Daraz and Kaymu would be merged into a new Daraz Group.

In April 2017, Naspers, Africa’s largest e-commerce and digital company, invested 960 million rand (about 69.4 million US dollars) in Takealot, South Africa’s largest e-commerce company.

Platform Advantages

1. Customer base - Takealot has tens of thousands of customer bases. You can have a strong customer system after joining.

2. Safe shopping - Trustworthy payment methods, including VISA, MasterCard, American Express, etc., and we handle the risk of credit card fraud on your behalf

3. Diversified payment - provide safe and simple payment methods, including debit card/credit card/check Bucke, miles, etc.

4. Fast delivery time - the platform promises to complete delivery within the delivery date

5. Complete categories - 21 categories, millions of items at reasonable prices, providing the lowest daily prices and low costs

6. One-stop service - if you are not satisfied, you can return or exchange the product within 30 days without any cost

7. Big data - the website visit ratio reached 95.8%, the average visit depth per person was close to 8, the average daily IP visit volume was about 150,000, and the average daily PV page views were about 130

Cooperation Process

Online application: fill in the company information and submit

List products to offer: List the products that the merchant sells, set the price of the products and the quantity you want to sell

Store your inventory: Print and apply Takealot application labels and complete the central product upload of the platform

Get paid: Funds paid to linked bank account and provide valid tax invoice

Platform warehouse management model

Store your products: Takealot receives and stores merchants’ products in our fulfillment centers and provides inventory management tools

Display your products: Takealot displays the merchant's product pages for search and browsing, providing an online store

Process your orders: Customers can add products to the cart, and Takealot makes all payment options available for your products

Pick, pack and ship orders: Takealot charters the ship for you to sell the products to customers, and all outbound shipping costs are borne by the merchant

Handle customer service: Takealot handles all order processing and customer service on behalf of the merchant

Storage Fees


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