South Africa’s leading e-commerce company, Takealot Group, has reported its first full-year adjusted operating profit, marking a major milestone in its 15-year history as annual revenue exceeded $1 billion for the financial year ended March 31, 2026. According to Reuters, the performance was driven by robust order growth, improved operational efficiency, and strong gains from the company’s logistics business, underscoring the continued expansion of South Africa’s digital commerce sector.
Technology investor Naspers, which owns a majority stake in Takealot through Prosus, said the group delivered adjusted earnings before interest and tax (aEBIT) of $11 million, its first year of positive operating earnings, while adjusted EBITDA climbed 60% to $78 million. The company credited the turnaround to disciplined cost management, higher customer activity across its platforms, and continued investment in logistics capabilities that have strengthened delivery efficiency and enhanced the customer experience.
Takealot’s ecosystem, which includes its flagship online marketplace, on-demand delivery platform Mr D, and logistics network, has continued to expand despite growing competition from international players. The company has invested heavily in fulfilment infrastructure, retail media, subscription services, and last-mile delivery solutions, positioning itself to capitalize on the rapid growth of online shopping across South Africa. Executives have also emphasized that the integrated business model has improved operational efficiency while creating new opportunities for merchants, delivery partners, and small businesses.
For Africa’s e-commerce industry, Takealot’s return to profitability represents a significant milestone, demonstrating that large-scale digital retail businesses on the continent can achieve sustainable earnings while continuing to grow. Analysts say the result strengthens confidence in South Africa’s digital economy and provides a positive signal for investors as competition intensifies across Africa’s fast-growing online retail market.
