Jumia co-founders Sacha Poignonnec, Jeremy Hodara step down as Co-CEOs, share price tanks
Francis Dufay, who previously held the CEO role at Jumia Ivory Coast, will now replace both co-founders as acting CEO
Tag: Sacha Poignonnec
Jumia plans to spin off logistics and payment unit in a bid to become profitable
Jumia Technologies is laying out longer-term plans to spin off divisions and enter new countries.
Jumia sees competition from startups in growing African e-commerce market
Investors have experienced a couple of twists and turn since the stock debuted in New York.
MTN seeking to sell stake in Jumia Technologies AG
MTN has been trying to dispose of its non-core assets to minimize debt and open new markets.
Jumia CEOs to take salary cut, create support fund for workers
The two CEOs of Jumia Group, Jeremy Hodara and Sacha Poignonnec will be taking a salary cut to support their workers amidst the Coronavirus pandemic.
Q3 ’19: Jumia grows revenue by 52%
Jumia's global business has continued to show an improvement quarter on as it recorded significant increase across its major financial ...
DEAL: Jumia has sold its real estate assets portal to EMPG’s Mubawab
Dubai-based Emerging Markets Property Group (EMPG), Mubawab has secured the purchase of Jumia's North-African real estate portal, Jumia House.
MTN Group considering sale of its 40% stake in Jumia
The company is said to be in need of money to offset its $4.8 billion worth of debts.
