Takealot Swings To R180M Profit in Fiscal 2026 Amid Amazon and Temu Competition

According to Naspers official confirmation today, Takealot Group swung to a full-year aEBIT profit of R180 million (USD $11 million) in fiscal 2026, a dramatic recovery from a R213 million (USD $13 million) loss in the previous year.

The South African e-commerce leader reported an 18% revenue increase to R16 billion (USD $1 billion), with group GMV (Gross Merchandise Value) growing 14% to R20 billion. The profitability surge was driven by category mix optimization, retail media advertising growth, and the TakealotMORE subscription program. The company's aEBITDA jumped 86% to R1.248 billion. Takealot defended its market share against intensifying competition from Amazon's localized expansion and Chinese retailers Temu and Shein, as well as domestic competitors Checkers Sixty60 and Makro.