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Keyboard and Mouse or Controller The Right Choice by Game Type

Choosing between a gamepad and a keyboard with a mouse is not a beauty contest. Inputs shape aim, movement, timing, and even fatigue. The…

South Africa’s EV Shift Gets a Major Boost

Johannesburg’s clean energy ambitions just received a jolt from one of the world’s biggest electric vehicle innovators. Global new energy vehicle giant BYD (Build…

What makes casino bonuses stand out in South Africa’s online market?

South Africa is one of the fastest-growing online gambling markets, with millions of casino enthusiasts from Limpopo to Johannesburg. However, the Rainbow Nation didn’t…

Innovate47 Launches Global Food & Agri Accelerator to Back Climate-Smart Startups

Innovate47, the global venture builder and entrepreneur support organisation, has launched a new Food & Agri Accelerator to help founders reshape food systems and…

Simbi Wabote’s 10-Year Roadmap: How Nigeria Achieved 54% Local Content Growth

When Simbi Wabote assumed leadership of Nigeria’s Content Development and Monitoring Board (NCDMB) in 2016, he inherited an oil industry where local participation had…

Records Tumble In Best Year Yet For South Africa’s Hedge Fund Industry

South Africa’s hedge fund industry closed out 2024 with its strongest performance to date, according to the latest Novare Hedge Fund Survey. Assets under…

Instagram Finally Comes to iPad with a Big Screen Experience

A Long Awaited Release It is official. Instagram has launched a dedicated iPad app, answering years of requests from users who wanted a big…

Acer Unleashes Beastly New Predator BiFrost and Nitro GPUs with AMD Radeon RX 9000 Series

Acer is raising the bar for gaming and content creation with the launch of its latest Predator BiFrost and Nitro graphics cards, now powered…

Philips Evnia Drops Jaw-Dropping QD OLED Monitors: 240Hz, Ambiglow, and All the Good Stuff

Game On, Reality Off: Philips Evnia Unleashes QD OLED Mayhem Let’s cut to the chase: Philips Evnia just nuked the gaming monitor scene. The…

Omoda C5 X review

Omoda is one of Chery’s sub-brands in the South African market, combining daring design with an abundance of in-cabin digitisation. Its mid-size crossovers are…

TDK enhances IMUs for extreme temps

TDK has responded to developing market needs with a new range of advanced inertial measurement units (IMU) for automotive applications. The Japanese electronics giant…

Data centres and defence are reviving diesel

Data centres will command power equivalent to the entire Japanese power grid by 2030. It’s a startling prediction and one that infrastructure futurists, data…

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Ventureburn • 28 May 2014

Takealot’s Kim Reid talks new millions, expansion and the future of ecommerce

By Mich Atagana

Kim Reid

News of popular ecommerce site Takealot’s US$100-million investment round has set South Africa’s tech scene abuzz. Late last week we reported that the site secured a staggering US$100-million from its long time investor, Tiger Global Management.

Founded in the 2002 as Take2, the site was later relaunched as Takealot in 2010 by Tiger Global Management and CEO Kim Reid. Takealot offers an extensive range of locally supplied and imported books, DVDs, music, games, electronics and toys with delivery to your doorstep.

Mich Atagana

Microsoft reveals Skype Translate: a real time voice interpreter

Microsoft • 29 May 2014

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