Amazon plans to launch an online marketplace in South Africa as part of a global expansion in the coming year.
show the retail giant plans to expand at least five new territories in the coming year including Belgium, Chile, Colombia, Nigeria, and South Africa.
Amazon’s launch plans for South Africa – codenamed ‘Project Fela’ – shows the company expects to launch its marketplace in South Africa in February 2023. This will include its own marketplace and the launch of the Prime membership programme. The country also plans to launch in Nigeria in April 2023 under the same project codename.that Amazon was shopping around for warehouse space in South Africa.
Amazon faces competition in the online shopping space, most notably from Naspers-owned Takealot. Takealot also owns delivery service Mr D and online fashion store Superablist under its local umbrella. In its results published in November, the group grew revenues by 36%, while trading losses decreased to near breakeven with a trading loss of $2 million .
Mr D Food, delivered strong results with order volumes growing 88% as consumer spending shifted from restaurant dining to online delivery, Naspers said. Superbalist grew revenue and trading margins despite increasing competition from brick-and-mortar fashion retailers.
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