Jumia sees good progress on reducing losses and cash burn; however, this was largely driven by cuts to marketing expenses. Near-term outlook is unexciting due to macro challenges. Challenging ...
Jumia reports 30% growth in value of goods sold on its platform during Black Friday season this year
E-commerce in Africa is growing fast and its potential remains enormous as more people get connected to the internet. Across sub-Saharan Africa 303 million people, about 28% of the population, are ...
Jumia has announced it will be shutting down its food delivery operations in Africa as part of its plans to restrategise its operations in the continent. According to the company, it will shut down ...
Jumia Technologies AG's stock has experienced volatility but its prospects remain unchanged. In this interview, CEO Francis Dufay describes strong operational improvements and revenue growth. Jumia ...
A Jumia scooterman arranges product to be delivered to clients at the Ikeja warehouse of the company in lagos on June 12, 2013. JUMIA is a Nigerian based online retail company, where customers ...
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