Karooooo buys majority stake in delivery start-up Picup Technologies

Karooooo buys majority stake in delivery start-up Picup Technologies 🔒

2021-09-13 11:20:00 PM

Karooooo buys majority stake in delivery start-up Picup Technologies 🔒

CEO Zak Calisto says customers will soon have access to a one-stop cloud platform

Mudiwa GavazaKarooooo, the new holding company for vehicle recovery and fleet management group Cartrack, has bought a majority stake in cloud-based logistics platform Picup Technologies, for R70m, as a way to beef up its software offering.With Covid-19 having done little to stop Cartrack’s continued growth — a trajectory that has seen the group moving its primary listing to the New York Stock Exchange and its headquarters to Singapore — the company has committed its expenditure to growing its subscriber base...

BPremiumThis article is reserved for our subscribers.A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Read more: Business Day »

PODCAST | Dear men and white people: here’s how to be a better anti-patriarchy and anti-racism ally

Sue de Groot discusses the concepts of ubuntu, racism and patriarchy and their dynamics among South Africans Read more >>

The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of TonishKevin I've been earning R25k weekly I've never regretted this decision. 🙏

SUMMARY | SA moves to alert level 2 lockdownPresident Cyril Ramaphosa announced that the national curfew will start at 11 pm and end at 4 am. Anyone please help 🙏😭?. I’m asking for food assistance,Not asking for money just food voucher/ parcels. It’s really hard for me.. I don’t have anything to eat. Please help with anything Thnx:0826648314 How do we move to level2 when we still need to vaccinate..are you for real I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent William_church0 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work

'Steve Biko is an exemplary leader for SA' 44 years after his brutal death, says Dr FumeneIn Steve Biko's own words, there will be no majority or minority but the human race in future South Africa

Britain’s Tesco trials reusable packaging to cut plastic wasteCustomers can buy a range of 88 products in reusable packaging that can be returned to stores to be cleaned, refilled and used again

‘Broke’ ANC starts paying workers after three months | CitypressDespite receiving millions from donors, governing party has for months been battling to pay workers, who resorted to pickets and then downed tools. Pay workers to destroy SA I was referred to him by a friend online and I thought is a scam ...but I was moved to try and here I earned.. just want to share this to people too. Micheal_addy_ Who donated after scoring a tender

Aspen leaps on JSE as suitors offer to buy parts of its businessInterest in its active pharmaceutical ingredients operations, including French arm, which generated R6.4bn of R37.8bn revenue in financial 2021

Big payday for Tokyo medallists | CitypressMassive cash incentives have started streaming in for Team SA’s seven athletes who brought home 10 medals from the recently concluded Olympics and Paralympics in Japan. They deserve it richly. I noticed a crowd of people testifying about Mrs sarahjeffchroni helping them earn from trading.. so I decided to give her a try and to my greatest surprise before 5 working days I received my profit . I guess someone might need her help as well 👇👇👇👇👇👇👇 sarahjeffchroni