How South Africa’s Takealot and Jumia Compare on GMV

How South Africa’s Takealot and Jumia Compare on GMV

These data sets show how far South Africa is when compared with other sub-Saharan African countries in online commerce; Jumia operates in 11 countries while Takealot is mainly in South Africa.

In H1 202, Takealot Group generated 346 million in Gross Merchandise Value (GMV), which signaled 85% growth year-on-year. 

Takealot Group generated R6.26 billion in Gross Merchandise Value (GMV), which signaled 85% growth year-on-year. The Takealot ecommerce platform grew its GMV by 88%, while first-party and third-party businesses grew by 69% and 119% respectively.

The Group also reported a 41% increase in revenue to R3.66 billion for the same period, and these good results culminated in a trading loss improvement of 36%.

In Q1 2020, Jumia GMV was €190 million, after adjustment. In Q2 2020, it was  €228 million. That means for HI 2020, Jumia recorded a GMV of €418 million.

Simply, Nigeria and other African countries have huge opportunities therein, even only to catch up with South Africa.

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