Takealot Group turns profitable for the first time
AI Summary
The Takealot Group , South Africa’s leading e-commerce platform, has reported profitability for the first time in its history, with adjusted earnings before interest and tax (aEBIT) swinging into positive territory. According to parent company Naspers’ financial results for the year ended 31 March 2026, Takealot delivered a strong performance, underscoring its resilience in the face of intensifying competition from Amazon’s entry into the South African market. Financial Highlights Revenue growth
Discussion
Sign in to join the discussion.
Loading comments…