financetom
Business
financetom
/
Business
/
Amazon launches online shopping service in South Africa
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amazon launches online shopping service in South Africa
May 7, 2024 1:27 AM

JOHANNESBURG, May 7 (Reuters) - Amazon ( AMZN ) launched

its online shopping service in South Africa on Tuesday,

challenging a number of online retailers dominated by Naspers'

Takealot.com.

Africa's most advanced economy is usually seen as a good

entry point for companies to expand into the continent and

Amazon ( AMZN ) could be doing the same, analysts have said in the past.

The launch of its service comes at a time when South Africa

has seen a sharp rise in online shopping after the pandemic

created an opportunity for e-commerce to finally take hold, with

retailers doubling down on investments in response.

Amazon.co.za will offer same-day delivery and next-day

delivery with more than 3,000 pickup points. Shoppers will get

free delivery on first orders, followed by free delivery for

subsequent orders above 500 rand ($27.07), it said in a

statement.

($1 = 18.4720 rand)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Investors at Milken eye foreign shores as tariffs cloud US outlook
Investors at Milken eye foreign shores as tariffs cloud US outlook
May 26, 2025
BEVERLY HILLS, California (Reuters) -Market uncertainty caused by U.S. President Donald Trump's erratic policymaking and aggressive stance on tariffs hung heavily over an investor gathering in Los Angeles this week, with many saying it is time to pivot to non-U.S. assets for more clarity. Concerns over the U.S. economic trajectory, and growing chances of an imminent recession fueled by White...
Market Chatter: Apple Plans AI-Powered Search for Safari Web Browser
Market Chatter: Apple Plans AI-Powered Search for Safari Web Browser
May 26, 2025
12:24 PM EDT, 05/07/2025 (MT Newswires) -- Apple ( AAPL ) is planning to restructure the Safari web browser on its devices to focus on artificial intelligence-run search engines, Bloomberg reported Wednesday, citing a company executive's testimony in a government lawsuit against Alphabet (GOOG, GOOGL). The changes address risks stemming from a potential fallout of a deal with Google (...
--US Appeals Court Affirms Microsoft's Acquisition of Activision
--US Appeals Court Affirms Microsoft's Acquisition of Activision
May 26, 2025
12:22 PM EDT, 05/07/2025 (MT Newswires) -- Price: 434.24, Change: +0.93, Percent Change: +0.22 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved