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Wednesday, Oct 23rd

Kalahari.com finally shuts down

Kalahari.com shuts down.

Following the approval of the merger between two of South Africa's leading general online retailers, Kalahari.com and takealot.com, the companies are now operating as one entity.

Earlier this year the South African Competition Commission approved the merger between the online retailers.

The merger sees Kalahari join takealot.com's 19 departments and over 9 million products.

According to a statement the transaction was structured in such a way that the business of Kalahari.com was transferred to Takealot Online (Pty) Ltd with Naspers and Tiger Global Management each owning 42% of the new merged entity.

Management remains in the hands of Takealot’s current co-CEO’s, Kim Reid and Willem van Biljon, notes the statement.

"From the outset of the transaction it has been the intention to operate as one brand, one site and one business and the past four months has been used to evaluate and restructure the business to ensure a smooth transition and ensure minimum customer disruption," said Kim Reid, co-CEO and the founder of takealot.com.

On April 30, 2015 the Kalahari.com website ceased operating and all subsequent traffic has been redirected to takealot.com. All Kalahari.com customer accounts have been migrated to takealot.com along with their transaction history and valid credits, reads the statement.

All undelivered orders will be fulfilled in due course and all relevant product warranties will be honoured in accordance with the normal practice at Kalahari.com.

“We welcome all the Kalahari.com employees who have joined takealot.com while acknowledging the hard work that went into building the brand and business. We look forward to their continued input and experience as they join us in building out takealot.com into the premier online shopping destination on the African continent,” said Willem van Biljon, co-CEO and chief technology officer of takealot.com.

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