'SA looking at e-commerce price war' as local firms fight global competition
20 October 2024 - 07:12
Competition from global e-commerce companies will spark a price war as local firms fight to protect their market share.
Speaking at the Last Mile Leaders event this week, hosted by Indian logistics technology group Fareye, Merlin Otto, vice-president of wholesaler Massmart, said Shein, Temu and Amazon were providing a vast product offering that most consumers were now used to accessing at a much lower price than local companies...
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