Massmart - About the company
Massmart is an acquired company based in Sandton (South Africa), founded in 1990. It operates as an African retail and wholesale group operating diverse store formats. The company has 13 active competitors, including 1 funded and 5 that have exited. Its top competitors include companies like A.S. Watson, Pick n Pay and Mr Price.
Company Details
African retail and wholesale group operating diverse store formats. It offers general merchandise, liquor, home improvement, and wholesale food products through various retail and wholesale channels. The group's business model emphasizes high volume, low cost, and responsible business practices to maintain price leadership. It supports suppliers through initiatives like growth summits, aiming to foster economic development within the region. The company also prioritizes food safety and sustainability in its operations.
Key Metrics
Founded Year
1990
Location
Sandton, South Africa
Stage
Acquired
Ranked
3rd among 13 active competitors
Employee Count
17,149 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Walmart (Nov 29, 2010)
Massmart's acquisition details
Click here to take a look at Massmart's acquisition in detail
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Massmart's funding and investors
Massmart is a funded company.
Massmart's founders and board of directors
Founder? Claim ProfileMassmart's employee count trend
Massmart has 17,149 employees as of Aug 26. Here is Massmart's employee count trend over the years:
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Massmart's Competitors and alternates
Top competitors of Massmart include A.S. Watson, Pick n Pay and Mr Price. Here is the list of Top 10 competitors of Massmart, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | A.S. Watson 1841, Hong Kong (China), Late Stage | Health and beauty products retailer | $5.7B | 65/100 | |
2nd | Pick n Pay 1967, Sandton (South Africa), Public | Retail chain of super markets | - | 57/100 | |
3rd | Massmart 1990, Sandton (South Africa), Acquired | African retail and wholesale group operating diverse store formats | - | - | 49/100 |
4th | Mr Price 1885, Durban (South Africa), Public | Chain of department store | - | 48/100 | |
5th | Karri 2016, Cape Town (South Africa), Funding Raised | Mobile-based application for donating money to charity | - | 44/100 | |
6th | Crowdr Crowdfund in Nigeria 2022, Lekki (Nigeria), Unfunded | Crowdfunding platform facilitating donations and volunteer opportunities | - | - | 27/100 |
7th | Grant writing and management software for nonprofit organization | - | 26/100 | ||
8th | Crowdfunding platform in Nigeria | - | - | 25/100 | |
9th | Online platform for grocery shopping and home delivery services | - | - | 22/100 | |
10th | Crowdfunding platform focused on multiple sectors | - | - | 22/100 |
Looking for more details on Massmart's competitors? Click here to see the top ones
Massmart's Investments and acquisitions
Massmart has acquired OneCart. Massmart has not made any investments as of now.Reports related to Massmart
Here is the latest report on Massmart's sector:
News related to Massmart
Media has covered Massmart for a total of 3 events in the last 1 year, 3 of them have been about company updates.
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Massmart Appoints Charmagne Mazhindu as Vice President of MarketingMedia Update•Aug 11, 2026•Massmart
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Massmart Accelerates Retail Media Offering in South Africa with CriteoPR Newswire•Jul 22, 2026•Criteo, Massmart
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Massmart Seeks Junior Database Administrator to Fortify Enterprise Database InfrastructureHeadtopics•Apr 18, 2026•Massmart
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Massmart receives 2023 Southern Africa Women Empowerment in the Workplace AwardMedia Update•Oct 16, 2023•Massmart
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Walmart To Increase Online Efforts In South African MarketTech Labari•Sep 12, 2023•Walmart, Massmart
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Walmart bets on Africa!!The company is responding by doubling its bet on the continentAmérica Retail•Sep 12, 2023•Walmart, Massmart
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Walmart International CEO McKenna to retire, replaced by Sam's Club CEO McRae36Kr•Aug 17, 2023•Walmart, Massmart
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Kieran Shanahan Named EVP and Chief Operating Officer - Walmart U.S.Walmart•Aug 16, 2023•Walmart, Massmart
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