Opera News

Opera News App

Haibo! This SA Billionaire Paid A Whopping R2.7 Billion To Acquire Takealot

ZIPPSTAR
By ZIPPSTAR | self meida writer
Published 3 days ago - 1490 views

Takealot is so big in the country that a lot of people probably think that its been here for the longest period of time like other successful companies in the country. That's far from the truth because the company was launched was only launched in 2011 by Mr Kim Reid, its not yet even a decade old.

Without doubt, Takealot is the leading e-commerce store we have in the country, it accounts for over 80% of all the purchases made online in the country. As you'd expect, the success of Takealot brewed investors waiting with billions just so they can get a slice of the company.

One of those companies who were waiting in line to invest in Takealot is non other than media giants, Naspers. The company already possessed Media24 and Multichoice just to mention a few of the best performing companies it has in its arsenal. The CEO of Naspers is Mr Koos Bekker and has been like that since the 90s.

Now without any further ado, let's checkout the amounts Koos Bekker paid through his company Naspers, to finally acquire close to 96% of Takealot, see the amounts below:

What do y'all think?? Let's talk in the comments section

Wikipedia

https://en.m.wikipedia.org/wiki/Naspers

Wikipedia

https://en.m.wikipedia.org/wiki/Koos_Bekker

Content created and supplied by: ZIPPSTAR (via Opera News )

Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform

YOU MAY LIKE

The young beautiful Nicole Nyaba is ready to take South African industry to the next level

36 minutes ago

0 🔥

The young beautiful Nicole Nyaba is ready to take South African industry to the next level

The young beautiful Nicole Nyaba is ready to take South African industry to the next level

36 minutes ago

0 🔥

The young beautiful Nicole Nyaba is ready to take South African industry to the next level

Woman shot dead a giraffe and says it's a Valentine's gift

1 hours ago

5 🔥

Woman shot dead a giraffe and says it's a Valentine's gift

The lion is not the king of the jungle

2 hours ago

8 🔥

The lion is not the king of the jungle

Family shot by gangs while sitting in a white VW in Elsies River

2 hours ago

8 🔥

Family shot by gangs while sitting in a white VW in Elsies River

A spoiler for the Gauteng Province despite good pass rate

2 hours ago

7 🔥

A spoiler for the Gauteng Province despite good pass rate

SA rugby captain Siya Kolisi to be executive producer for a short film

2 hours ago

0 🔥

SA rugby captain Siya Kolisi to be executive producer for a short film

Intriguing facts about the king of the jungle

10 hours ago

4 🔥

Intriguing facts about the king of the jungle

AKA: The ANC Are Bunch of Looters

10 hours ago

545 🔥

AKA: The ANC Are Bunch of Looters

Bournemouth trail 2-0 in Ongoing fixture as Cardiff City scored two goals in 9 minutes.(Opinion)

10 hours ago

4 🔥

Bournemouth trail 2-0 in Ongoing fixture as Cardiff City scored two goals in 9 minutes.(Opinion)

COMMENTS