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May 23, 2014 07:24 pm GMT

South African E-Commerce Giant Takealot Raises $100M From Tiger Global

TAKEALOT_com_Online_Shopping_-_Buy_Movies__Games__Electronics__Toys__Books__Beauty_Products__Music__Home_and_Kitchen_Appliances_and_More_online_in_South_AfricaTakealot, a South African e-commerce site, has raised a whopping $100 million from Tiger Global Management. The company is still relatively young, launching in 2011, post the acquisition of an existing ecommerce business called Take2 by Tiger Global Management and CEO Kim Reid. The online site has attempted to capture the e-commerce power that Amazon has harnessed, and offers DVD’s,… Read More

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