Savvy South African shoppers have in growing numbers turned to ecommerce groups like Takealot.com for their shopping.
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South Africa's Takealot Group reported its first full-year adjusted operating profit on Monday, as strong order growth and gains in its logistics arm helped the country's biggest e-commerce firm deliver $1 billion in annual revenue.
JSE-listed Naspers said the Takealot Group delivered adjusted earnings before interest and tax (aEBIT) of $11 million for the year to March 31, marking its first year of aEBIT profitability from a loss of $13m a year earlier.
"The Takealot Group reaching full-year profitability is a defining moment for South Africa's digital economy and proof of what long-term backing of a homegrown business can deliver. In 15 years, it has built the infrastructure and trust South African e-commerce needs, and today serves millions of customers while supporting tens of thousands of livelihoods," the company's directors said.
We see the same drive across AutoTrader and Property24, which are setting the pace in local AI innovation. AutoTrader is doing this through its AI-powered AutoTrader Intelligence platform, while Property24 is the first local property platform to bring AI home search to ChatGPT,” said Naspers and Prosus group executive director Phuthi Mahanyele-Dabengwa.
Takealot Group revenue rose 19% to $1bn, "defending its market leadership" as South Africa’s leading e-commerce ecosystem, now serving more than 6.2 million active customers who placed over 60 million orders across its platforms in the 2026 financial year,” the directors said.
Takealot.com, the Naspers group's general merchandise e-commerce platform and Amazon's direct competitor in South Africa, saw its gross merchandise value increase 15%, with revenue up 19% to $906m and order volumes up by 18%.
The group’s on-demand platform, Mr D, which serves restaurants, groceries, and other shops, grew revenue by 11% to $138m, delivering a stable aEBIT of $4m.Takealot Fulfilment Solutions, the recently established infrastructure business to monetise logistics for external customers, recorded 93,5% year-on-year revenue growth.
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