Cornelis

Cornelis asked about the feasibility of rolling out Karooooo Logistics to Europe or Southeast Asia, and whether these markets are already saturated.

Answer

Zak Calisto, Founder and Group CEO, expressed belief that the e-commerce and logistics market is not saturated and will continue to grow. He noted that Karooooo is developing technology for these regions, and their model might adapt to an aggregator approach rather than building a proprietary driver network.