South Africa’s Takealot Group reported its first full-year adjusted operating profit on Monday, 29 June 2026 as strong order growth and gains in its logistics arm helped the country’s biggest e-commerce firm deliver $1bn in annual revenue.
Source: Reuters/Esa Alexander
Technology investor Naspers said the Takealot Group delivered adjusted earnings before interest and tax, (aEBIT) of $11m for the year to 31 March, marking its first year of aEBIT profitability from a loss of $13m a year earlier.
- Group revenue rose 19% to $1bn, “defending its market leadership,” it said.
- Takealot.com, the group’s general merchandise e-commerce platform and Amazon’s direct competitor, saw its gross merchandise value increase by 15%, with revenue climbing 19% to $906m and order volumes up by 18%.
- Takealot.com delivered aBIT profit of $7m.
- The group’s on-demand platform, Mr D, which serves restaurants, groceries and other shops grew revenue by 11% to $138m, delivering a stable aEBIT of $4m.
- Takealot Fulfilment Solutions, the group’s newest infrastructure business to monetise logistics for external customers, recorded 93.5% year-on-year revenue growth.