South Africa’s Takealot Group has reported its first full-year adjusted operating profit in 15 years, as revenue rose to $1 billion and the country’s largest homegrown e-commerce company defended its market lead against growing competition from Amazon and local rivals.
Parent company Naspers said Takealot Group delivered adjusted earnings before interest and tax of $11 million for the year ended March 31, 2026, compared with a $13 million loss a year earlier.
Group revenue rose 19% to $1 billion, supported by stronger order growth, improved margins and faster expansion in its logistics business.
The result gives Takealot a measure of breathing room at a time when South Africa’s online retail market is becoming more contested, particularly after Amazon launched its local marketplace.
However, the numbers also show how much the company’s path to profitability still depends on scale, delivery infrastructure and the ability to turn existing logistics capacity into new revenue.
