Takealot Reports First Annual Profit as Revenue Tops R17 Billion
6 Articles
6 Articles
Takealot Becomes Profitable For The First Time Ever
[Image: Google Maps] Takealot has been in business for 15 years and now, for the first time in its history, this popular South African e-commerce platform is profitable. This is according to its parent company, Naspers’, results for the financial year ended 31 March 2026. The Takealot Group saw a strong performance during the year, which is quite a feat considering the rise in popularity of Chinese sites like Shein and Temu, as well as Amazon en…
Takealot reports first annual profit as revenue tops R17 billion
Takealot has reached a landmark moment in its nearly 15-year journey, reporting its first annual operating profit as the country’s largest online retailer continues to expand its footprint in an increasingly competitive e-commerce market. The milestone forms part of Naspers’ latest financial results for the year ended 31 March 2026. As highlighted by BusinessTech, the Takealot Group generated revenue of US$1 billion (about R17.3 billion) while r…
Takealot swings to first full-year profit as revenue tops $1bn
South Africa's Takealot Group reported its first full-year adjusted operating profit on Monday, 29 June 2026 as strong order growth and gains in its logistics arm helped the country's biggest e-commerce firm deliver $1bn in annual revenue.
Takealot Swings To R180M Profit Amid Amazon & Temu Competition
Takealot, South Africa’s dominant online retailer, has successfully defended its market share against a wave of international competitors, posting a significant financial turnaround for the 2026 fiscal year. Parent company Naspers confirmed today that the Takealot Group swung to a full-year aEBIT profit of $11 million (R180 million), a dramatic recovery from a $13 million (R213 million) loss in the previous year. The results highlight the resili…

Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium


