Interview: Takealot CEO Kim Reid

Loading player...
Thank you for listening to the TechCentral podcast. In this episode, Takealot.com CEO Kim Reid chats to Duncan McLeod about the past, present and future of South Africa's biggest online retailer.
In the podcast, Reid talks about the e-commerce market in South Africa and explains how Takealot is positioning itself to take advantage of anticipated growth.
Reid goes through the history of Takealot, how he -- a former Naspers executive -- got involved in the business, and the path to the company's anticipated profitability in about two years' time.
He explains the difficulties involved in e-commerce logistics in South Africa, how Takealot is preparing for so-called "Black Friday" and "Cyber Monday" later this month and how those days affect sales on the site, and tells TechCentral whether he's building Takealot to sell it to an international player such as Amazon.com. Spoiler: he isn't.
It's a great podcast, providing real insight into the e-commerce game in South Africa. Don't miss it!
14 Nov 2017 English South Africa Technology · Business

Other recent episodes

TCS+ | Vox on AI, data rules and omnichannel communication for SMEs

Phone calls, e-mails and in-person conversations were once the only ways businesses could talk to their customers. Social media changed that. Marketing, customer acquisition, sales and support now happen across a growing number of channels. That brings clear benefits, but it can also leave businesses with a fragmented communication ecosystem…
26 Oct 14 min

TCS | The Cape Town firm quietly connecting Eskom, Pep and 6 000 ATMs

Réan van Niekerk Metacom has spent 25 years designing its own routers and running private networks for some of Africa's biggest retailers, without a cent of venture capital. In this episode of the TechCentral Show, founder Réan van Niekerk tells Fanie van Rooyen how the Cape Town company came to…
23 Oct 36 min

TCS | Frogfoot sees bigger fibre deals coming

Frogfoot plans to keep buying smaller fibre network operators in South Africa’s suburbs as the market consolidates, but CEO Shane Chorley stopped short of ruling out a sale of the business. “I’d be ignorant to say that we would ignore any offer,” Chorley said on the latest episode of the…
8 Oct 40 min