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Young scientists to showcase research at Indonesia science competition

Four young scientists, accompanied by Eskom Expo’s Business Manager, Mmamoloko Rancia Riba, won their place to represent the country at the Indonesia competition, renowned…

Young women in Science talent search applications now open

This year the foundation L’Oréal Foundation in partnership with UNESCO is excited to bring back the sixth edition of the Young Women in Science…

Entries Are Open: You Mailed It 2024 Email Marketing Awards!

Calling all marketers, do you think you send the best emails? Make it official by claiming victory at Everlytic’s You Mailed It Email Marketing…

Cisco ramps up AI-era security with Hypershield

As the artificial intelligence revolution accelerates, the scale and complexity of data centres are straining conventional cybersecurity approaches. In response, Cisco Systems, the networking…

Deloitte and AWS Join Forces to Drive Cloud Adoption Globally

In a strategic move to accelerate cloud computing adoption across growth markets, Deloitte and Amazon Web Services (AWS) have entered into a multi-year Strategic…

MFA Fatigue Attacks: The New Social Engineering Threat Plaguing Enterprises

While multifactor authentication (MFA) has long been heralded as an essential security measure for keeping corporate networks safe from cybercriminals, a new type of…

World’s Largest 115” QD-Mini LED TV, now available in South Africa

TCL Electronics introduces the world’s largest QD mini LED TV to the South African market. The TV and electronics brand promises an immersive viewing…

Slack founder backs Amplifier Security with $3.3m for Ampy AI

AI continues to revolutionize cybersecurity by focusing on the weakest link, user behavior and other major breaches triggered by simple user error. This has…

Realme 12 series promises affordable premium photography

Smartphone brand Realme is set to launch the Realme 12 series in the country sooner than you could say reel me in. Jokes aside,…

Ford Puma review

Puma might be a famous sport and streetwear brand for many, but if you’re into Ford, it’s always been a compact driver’s car. In…

R3 is the rightsizing of EV design

R3 and R3x are the design disruption EV product planners need to understand. The two most compelling EV car companies are a curious antithesis…

Ranger designers rethink mixed reality

Ford’s T6 series platform has truly become the brand’s global car of the 2020s. Everest and Ranger are built on the advanced T6.1 series…

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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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