Takealot Group has announced that Mamongae Mahlare will step down from her role as group CEO of the Naspers e-commerce company to become its executive chair with effect from February 1. 

Founded in 2011 and owned by Naspers, Takealot — made up of takealot.com, fashion outfit Superbalist and food delivery business Mr D Food — is the largest e-commerce business in SA. It accounts for about 2% of the overall retail market, which is dominated by brick-and-mortar outlets such as Shoprite and Mr Price...

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