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Get the HUAWEI WATCH GT 5 Series and Elevate Your Game!

With today’s discerning consumer demanding that their wearable tech be as functional as it is fashionable, the HUAWEI WATCH GT 5 Series steps boldly…

GITEX GLOBAL 2024: Pioneering the Future of AI-Driven Data Centres in the Middle East

As GITEX GLOBAL 2024 unfolded at the Dubai World Trade Centre, the spotlight was firmly on the future of AI-driven data centres. This year’s…

Live88: Revolutionizing Online Gambling with Cutting-Edge Live Casino Technology

In an industry such as online gambling where there are thousands of platforms for the users to choose from, you have to stand out…

How One Energy Project Could Reshape Climate Action

A transformative renewable energy project is reshaping the conversation around climate action as nations prepare for November’s COP29 climate talks. The initiative, which demonstrates…

South Africa’s online grocery boom signals digital shift

South Africa’s online grocery sector is witnessing unprecedented growth, with market projections suggesting a surge to R80 billion (approximately $5 billion USD) by 2026….

Beyond ransomware: Navigating the perils of cyber extortion

As cybercriminals evolve their tactics, businesses must strengthen their defenses to protect against the growing threat of cyber extortion. Cyber extortion has become one…

Microsoft launches new Surface devices in new AI era

Microsoft today announced the general availability of the all-new Surface Pro and the all-new Surface Laptop to empower users in South Africa to unlock…

Honor Magic V3 launches, four things to know

Honor introduced its latest foldable device, the Honor Magic V3, at IFA in Berlin. It is expected to be available in the South African…

Honor Magic V3, a Guinness world record attempt

Guinness World Record holder Bryan Berg, alongside Honor, will attempt to build the tallest house of cards in eight hours without using any glue….

Vivo update – a big safety gain

Polo Vivo has been South Africa’s most popular passenger car for many years. Like its progenitor, the Citi Golf, it’s a case of very…

Review: Range Rover Evoque P300e Dynamic HSE

Range Rover Evoque P300e Dynamic HSE. It is an elaborate name for an exciting luxury SUV. The Evoque has always been a future Land…

Safer Swift due this Spring

Swift was the model that anchored Suzuki’s return to South Africa in 2008. At a time when Toyota had exited RunX, there was nothing…

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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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