As part of Facebook's plan to create a place for users to discover businesses and shop for products, it is testing a dedicated shopping tab within the main app. "During the COVID-19 pandemic, the shift to online shopping has rapidly accelerated, with an estimated 85% of people worldwide now shopping...
COVID-19 lockdown regulations coupled with store closures have resulted in several consumers turning to online shopping for essential products and services. Average eCommerce spend recorded on FNB Merchant devices grew 30% year-on-year during the 1st half of 2020 compared to 2019. During the same period, the active eCommerce merchant...
Ride-hailing service, Gozem has launched a new mobile service that'll allow users to order groceries, gas canisters and other essential items. This new service comes at a time of social distancing, lockdowns and curfews across the world due to the coronavirus pandemic. Gozem’s eCommerce service is said to help users...
10 years ago, South Africa (SA) was a very different place. Ordering a cab required a phone call well in advance to reserve a meter taxi and local eCommerce amounted to R2 bn for the year. Fast forward to 2020 where eCommerce has surpassed the R14 billion mark, and a...
eCommerce has broken barriers as a result of the global COVID-19 pandemic’s lockdown restrictions. Statista believes that the South African market will reach just over R62 billion this year, and show a compounded annual growth rate of 10% for the next four years. User penetration will be 37% this...
Pick n Pay has announced that it will use machine learning to automatically personalise discounts for Smart Shoppers - a move that is expected to help more customers save more on their grocery shop. Using this advanced technology, Pick n Pay hopes to give each shopper eight personalised discounts every...
South Africa’s eCommerce industry is booming retailers were forced to take their operations online due to lockdown and safety restrictions. Now, with lockdown restrictions easing, the temptation is to throttle back on online efforts and go back to the ways of old. That would be a big mistake, believes Warrick...
South Africa’s eCommerce industry is booming as a result of retailers who were constrained from operating normally due to lockdown and safety restrictions. Now, with lockdown restrictions easing, the temptation is to throttle back on online efforts and go back to the ways of old. That would be a big...
British classifieds platform popular with South Africans, Gumtree has seen an increase in scams during the country's lockdown with criminals and fraudsters benefiting from scamming people over a distance. Estelle Nagel of Gumtree says that "The pandemic has seen more South Africans sell their items in an attempt to raise...
eCommerce is said to be providing a ray of hope for South Africa's local economy with transactions hitting a record high in May and June. And, while there will be some levelling off, DPO South Africa says the new love affair with digital commerce is unlikely to fade in...
In the digital age, data is a currency all on its own. The retail sector has lagged in leveraging the value of real-time data, due to a number of factors. However, given the current economic climate, they can no longer afford the luxury of remaining in the dark. The...
To help the growth of small businesses in South Africa, Telkom Business has launched Yep! - a digital marketplace where customers can safely and confidently search and purchase from small, trusted businesses - available on Google Play and Apple’s app store. The app is geared toward economic sustainability, creating a...
Researchers from cybersecurity and antivirus experts, Kaspersky, have uncovered a new technique for stealing users’ payment information on online shopping websites - a type of attack known as web skimming. Web skimming is a popular practice used by attackers to steal users’ credit card details from the payment pages of...
All things considered, it’s no surprise that eCommerce has fundamentally changed over the past few months. The COVID-19 pandemic has encouraged consumers to switch to online shopping and contactless payment alternatives to abide with social distancing practices and lockdown regulations. Stats released by online payment gateway, PayFast show that Generation...
Massmart, a South African super-retailer and owner of Game stores, says it is expecting its half-year loss to widen at least 50% because of a substantial hit to its sales from the nationwide coronavirus lockdown. Majority owned by American retailer Walmart, the company was already struggling as consumer finances have...
A new set of regulations gazetted by the SA government on Thursday shows that movie theatres might be opening again across the country sometime soon. Cinemas are currently closed, not allowed to operate during Level 3 of the national lockdown. For it now it seems that the new government regulations...
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