Posts Tagged ‘#Jumia’
Jumia Technologies – New Policies to Reduce Losses
Jumia has made a deal to sell French retailer Leroy Merlin’s tools and do-it-your-self products in West Africa, as part of a plan to expand its reach and cut losses in half…
Read MoreDespite Increased Trade Over the last 3 Years, Jumia Still has a Liquidity Problem
Jumia is the most-funded ecommerce company in Africa, and since it launched in 2012, it has been the poster child for African digital commerce. But, as of the third quarter of 2022, the company…
Read MoreJumia Drops Fast Delivery Promise in Some Countries
Jumia reported $50.5m in revenue for this year’s third quarter with declining operating losses (33%) and increasing gross profit (29%) compared to last year, while active customers and the value…
Read More