October saw serious developments in the e-commerce, digital music and video on demand (VoD) sectors in Africa, as well as the usual startup activity and new product offerings. Consolidation and funding in the e-commerce world Two of South Africa’s largest e-commerce sites, Naspers-owned Kalahari.com and Takealot.com, have agreed a merger, with the two companies to have an equal shareholding in the new united entity. The Competition Commission is still to approve the deal, which the companies said was driven by the fact the two businesses remained loss-making and needed to scale more greatly to compete against brick-and-mortar retailers. Meanwhile, in...
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