# Kim Reid

> Kim Reid is a South African entrepreneur and chartered accountant who co-acquired Take2 with Tiger Global in 2010 and launched takealot.com in 2011. After a decade leading its expansion through logistics investment, acquisitions and a marketplace, he became group chairman in 2021 and was announced as a director and strategic adviser in 2024. His career also includes MultiChoice, Mweb, MIH Internet Africa and a subsequent CEO role at Blue Lake Ventures/KingMakers.

- **Role:** Founder of takealot.com; director and strategic adviser at Takealot Group (last verified appointment: January 2024)
- **Organizations:** takealot.com, Takealot Group, Tiger Global Management (co-investment partner), Naspers, MultiChoice, Mweb, MIH Internet Africa, MIH Mobile TV Platforms, Sony Music, The Gary Player Group, KPMG, Blue Lake Ventures Group / KingMakers
- **From:** Pretoria, South Africa
- **Nationality:** South African
- **Education:** Accounting studies; BCom Honours reported by Crunchbase, University of Pretoria, Certificate in the Theory of Accounting (CTA), University of South Africa (Unisa)
- **Known for:** Co-acquired Take2 and launched takealot.com with Tiger Global backing., Led Takealot through its 2014 $100 million investment and expansion of its delivery, fashion and marketplace businesses., Led Takealot through the 2015 merger with Kalahari.

## Career timeline

- **1994-1996** — Completed accounting articles at KPMG and qualified as a chartered accountant.
- **1998-2000** — Financial director at Sony Music, after a financial role at The Gary Player Group.
- **2000** — Became MultiChoice chief financial officer.
- **2003** — Became Mweb CEO in July.
- **2006** — Became CEO of MIH Mobile TV Platforms in November.
- **2008** — Became CEO of MIH Internet Africa.
- **2010** — Co-acquired Take2 with Tiger Global Management in October.
- **2011** — takealot.com formally launched in June.
- **2014** — Takealot received $100 million from Tiger Global; acquired Mr Delivery and Superbalist and launched its marketplace.
- **2015** — Takealot merged with Kalahari.
- **2021** — Moved from group CEO to chairman; Mamongae Mahlare became group CEO on 1 October.
- **2022** — Appointed CEO of Blue Lake Ventures Group on 1 August.
- **2024** — Stepped down as Takealot chairman; remained a director and strategic adviser under the January announcement.
- **2025** — Ronnie Whelan became KingMakers CEO in February, succeeding the period in which Reid led the business.

## Achievements

- Co-acquired Take2 and launched takealot.com with Tiger Global backing.
- Led Takealot through its 2014 $100 million investment and expansion of its delivery, fashion and marketplace businesses.
- Led Takealot through the 2015 merger with Kalahari.
- Reported 1.8 million to 1.9 million platform customers in November 2019.
- Led Takealot for a decade before its 2021 CEO succession.

## Latest updates

- **2025-02** — Ronnie Whelan became KingMakers CEO, as confirmed in his public announcement and August 2025 interview.
- **2024-01** — Takealot announced Reid would remain a director and strategic adviser after Mamongae Mahlare succeeded him as chair.

## Links

- LinkedIn: https://za.linkedin.com/in/kim-reid-0505061

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Profile page: https://yespress.io/kim-reid
Published by YesPress — https://yespress.io
Last updated: 2026-10-14