Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/wp_head.php on line 90

Massmart in Talks to Buy Controlling Stake in OneCart

 In Uncategorized

Massmart, a unit of Walmart, is in talks which may result in the acquisition of a controlling stake in OneCart, a fast moving consumer goods market place and logistics platform that partners with retailers in South Africa to enable online sales and home delivery to consumers.

  • OneCart provides access to products across the dry grocery, frozen and fresh foods, liquor, baby, health and beauty, household and pet supplies categories
  • Massmart is in the process of negotiating and finalizing transaction documentation; negotiations are at an advanced stage and Massmart is hopeful it will conclude discussions in the coming weeks

Source: Bloomberg

Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139
Recent Posts
Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.

Start typing and press Enter to search