Tag: Jumia

Africa’s e-commerce giant, Jumia, said it is reshaping its business strategy to defend market share, boost profitability, and restore investor ...

British investment firm, Baillie Gifford, once Jumia’s largest institutional backer, has officially exited its stake in the African e-commerce giant, ...

This article explores the gains and challenges of food delivery system in Lagos state.

Africa’s e-commerce giant Jumia on Thursday released its earnings statement for Q4 and full year 2024, reporting a 10 % ...

Jumia Technologies AG, Africa’s leading e-commerce platform, has announced plans to shut down its operations in South Africa, where it ...

Africa’s tech ecosystem is witnessing rapid growth, with innovative companies emerging as leaders in sectors ranging from fintech to healthcare ...

Jumia Technologies AG, the leading e-commerce platform in Africa, announced plans on Tuesday to raise EUR 244 million ($268 million) ...

Africa’s e-commerce group, Jumia, posted a $20.2 million operating loss in Q2 2024 amid a 17% decline in revenue. 

E-commerce juggernaut, Jumia Technologies AG, is set to consolidate all three warehouses into a singular 30,000sqm depot in Lagos, as ...

Jumia’s gross merchandise value (GMV), that is, the total amount customers paid before deductions like fees, discounts, or returns, also ...