The original article can be read here.
Article Highlights:
- Game and Builders Warehouse owner Massmart is setting its sights on e-commerce growth with a possible new deal to acquire a majority stake in online shopping and delivery service OneCart;
- Negotiations are at an advanced stage and Massmart is hopeful to conclude discussions in the coming weeks pending finalisation of a few key matters; and
- OneCart is partnered with numerous retailers, including Pick n Pay, Makro, DisChem, Clicks and Woolworths among others, and allows customers to shop across multiple stores through the site, and have the goods delivered in one batch.
