Local Online Retail Sales to Exceed R130bn This Year, Study Forecasts
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7 Articles
Rampant online retail set to hit R130bn
Kathy Gibson reports – Online retail is set to account for 10% of all retail spend in South Africa within just a few months, reaching a value of R130-billion by the end of this year. Arthur Goldstuck, MD of World Wide Worx, points out that the online market was worth R96-billion in 2024, and accounted for 8% of all retail. With continued massive growth – 35% in both 2024 and 2025 – it continues on its growth trajectory. He says the findings mark…
South Africa’s online retail boom exceeds $7bn as global giants shake up the market
South Africa’s online retail sector is entering a new era of growth and maturity, with e-commerce sales in 2025 projected to surpass R130 billion (nearly $7 billion), close to 10% of national retail sales, a dramatic jump from the sub-1% share in 2015. This is according to an Online Retail 2025 report by World Wide Worx, a tech research company, in partnership with Mastercard, Peach Payments, and Ask Africa. The report highlights that the secto…
South Africa’s Online Retail Market Hits Record Growth
South Africa’s online retail turnover is forecast to surpass 130 billion rand ($7.42 billion) this year, accounting for 10% of total retail sales. A new study attributes the surge to on-demand grocery shopping, strong growth in fashion, and the growing presence of international competitors such as Amazon. The study, released on Thursday by World Wide Worx in partnership with Mastercard, Peach Payments, and Ask Afrika, shows online retail sales j…
South Africa Online Retail Set To Surpass 10% Of Market, Report Shows
Online retail in South Africa is projected to exceed 10% of total retail sales for the first time in early 2026, driven by high growth rates and increased spending among older, higher-income shoppers, according to a new industry report. The “Online Retail in South Africa 2025” study from research firm World Wide Worx found that e-commerce sales grew 35% in 2024, matching the growth rate from the previous year. Online’s share of total retail reve…
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