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Takealot

Takealot is a South African e-commerce business founded under that name by Kim Reid and his team in 2011 after the acquisition and relaunch of the older Take2 online-retail business.

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Takealot is a South African e-commerce business associated with founder Kim Reid. The current business dates to 2011, when the team built Takealot out of the acquired Take2 operation; Takealot itself describes Reid as its founder and chief executive during the company’s first decade. [1]

History

Takealot’s own 2021 account calls the group a start-up that grew from a warehouse in Montague Gardens and identifies Kim Reid as founder and chief executive. Naspers’s 2021 annual report also identifies Reid as Takealot’s founder and CEO and describes the group as comprising Takealot.com, Superbalist.com and Mr D Food. [1][2]

The founder label applies to Takealot in its 2011 form, not to the older Take2 business that preceded it. This distinction matters when describing the company’s origin: Reid founded the relaunched Takealot business rather than the original Take2 website. [1]

Key milestones

  1. Takealot began operating under its current identity with Kim Reid as founder and chief executive. [1]

  2. Reid began transitioning from day-to-day leadership towards the chairmanship of the group. [1]

Founded / co-founded by

Related articles

Sources

  1. Takealot, Kim Reid to become Takealot Group Chairman, 2021-02-26. Original source. Accessed 2026-09-25. ↩
  2. Naspers, Annual Report 2021, 2021-03-31. Original source. Accessed 2026-09-25. ↩