Makro Company & Revenue

Main Category
Main Country Selling to
Biggest Competitor

Revenue (GMV)

US$119m
2024

Global Rank

1,760
2024

Conversion Rate

1.5-2.0%
2024

Average Order Value

2024

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Revenue Development
Country & Category Splits
Company Financials
Transaction KPIs

The values shown here refer to the retailer's largest online store. Aggregated total figures and values for other stores can be found in our tool.

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Makro Revenue & Turnover

Makro Annual Revenue & Growth by Year

Makro's annual sales on its online store makro.co.za amounted to US$119m in 2024. This represents a change of 10-15% from the previous year. Makro's largest online store is expected to see a growth rate of 5-10% in 2025 compared to 2024, indicating a projected shift in performance.

Annual Revenue (GMV)

US$119m
2024

Annual Growth Forecast

5-10%
24/25

eCommerce Revenue (GMV in Million US$)

2022
2023
119
2024
2025
2026

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Makro Monthly Sales & Revenue Development

Retailers follow monthly revenue patterns, which depend on annual events, consumer habits, and economic conditions. In the case of Makro, revenues in June of 2025 were US$10m on its domain makro.co.za. This marks a change in monthly revenues of 5-10% from May.

Revenue Current Month (GMV)

US$10m
06/25

Growth from Previous Month

5-10%
05/25-06/25

Monthly eCommerce Revenue (GMV in Million US$)

02-2025
03-2025
04-2025
05-2025
US$10m
06-2025

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Makro Sales by Country & Market Shares

Makro's main market is South Africa, where its main online store, makro.co.za, generated 100% of revenues in 2024. Makro engages in markets that support its strategic objectives, whether through domestic focus or cross-border expansion.

Market Shares by Country

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Makro Revenue Split by Product Categories

Makro sales by product category provide a deeper look into its income structure. Makro's most significant category is Electronics, which accounts for 31% of total sales in 2024 at its largest online store, makro.co.za. The analysis of sales by category provides a clearer picture of how different segments contribute to overall performance.

Revenue Breakdown by Category

2024

Electronics (31%)

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Makro Marketplace Sales: 1st & 3rd Party GMV

1P vs 3P Revenue/Sales

Makro's marketplace sales are illustrated by its GMV development. A distinction is made between 1P (first-party) and 3P (third-party) sales, where Makro either acts as the seller (1P) or distributes products from other sellers (3P). In 2024, Makro's' 1P sales contributed 68% to total GMV, while the 3P GMV accounted for 32%.

3P Share

32%
2024

3P Share Forecast

2025

1P/3P Revenue/Sales Split

2021
2022
2023
68%32%
2024
2025
1P Activity
3P Activity

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Makro Financial Analysis: Earnings, Net Worth, Profits

Regularly updated figures from Makro's latest annual report provide us with the company's financial figures that are indicative of its business performance and outlook. In 2021, Makro's gross profit was US$980m, while its operating profit was US$18m.

Gross Profit

US$980m
2021

Operating Profit

US$18m
2021

Net Income

2021

Earnings per Share

2021

Total Assets

2021

Total Equity

2021

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Makro Top Stores

Makro's flagship domain makro.co.za generated revenues of US$119m in 2024. Forecasts expect a revenue change of 5-10% in the coming year.

Top Online Stores by Net Sales (in Million US$)

# 1
makro.co.za
Massmart Holdings, Ltd.
2021

2022

2023

2024

2025

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Makro Competitor Analysis & Similar Stores

takealot.com is the closest competitor to Makro's largest online store makro.co.za, with a similarity score of 94.5% in 2024. pnp.co.za is another key store with a high similarity score of 92.4%. This competitor analysis provides a concise overview of comparable online stores for market performance benchmarking.

Top Competitors and Similar Stores

makro.co.za
Main
pnp.co.za
92.4%

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Makro Transaction KPIs: Conversion Rate, Average Order Value

Analyzing transactions on Makro's largest online store makro.co.za reveals key metrics like conversion rate, average order value, discount rate, and return rate. The store's conversion rate reached 1.5-2.0% in 2024, offering insight into user behavior.

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1.5-2.0%
2024

Average Order Value

2024

Return Rate

2024

Discount Rate

2024

Makro Payment, Shipping and Shop Software Provider Landscape

Payment and shipping options have a major impact on customer satisfaction. In the case of Makro, the payment providers Mastercard (Cards), VISA (Cards) and Bank transfer/cash in advance (Bank transfer) are available at its largest online store, makro.co.za. Shipping providers, on the other hand, vary significantly depending on the market. Overall, makro.co.za offers Not communicated.

Payment Provider

Mastercard (Cards)

Shipping Provider

Not communicated

Shop Software

Klarna Logo
American Express Logo
UPS Logo
Shopify Logo

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