The CEO of Jumia Nigeria, Sunil Natraj stated, “we are excited to present Jumia Tech Week 2025, a platform that enables ...
LAGOS, Feb 21 (Reuters) - Africa-focused e-commerce retailer Jumia Technologies will grow orders by up to 25% and continue to cut costs this year while fighting to keep its market share from ...
Africa’s tech ecosystem stands as one of the world’s most promising emerging markets. Despite experiencing a 32% decline in ...
Founded in 2012, Jumia (formerly called Africa Internet Group) last spring became the continent’s first “unicorn” startup, valued at over $1 billion during a $327 million funding round that ...
Jumia Technologies has restructured for efficiency and growth, showing resilience in the African e-commerce market despite market skepticism and current low stock prices. CEO Francis Dufay ...
As of 12:51:27 PM EDT. Market Open. BERLIN, GERMANY / ACCESS Newswire / March 7, 2025 / Jumia Technologies AG (NYSE:JMIA), the leading pan-African e-commerce platform, announced that it has filed ...
Full Year 2024 Results Key Financial Results Revenue: US$167.5m (down 10% from ...
We believe, there's ample demand in Africa, but it's poorly supplied overall. And we, as Jumia can really help fix that gap and solve the problem. So most of our focus has been on increasing ...
showing year-over-year growth, reflecting enhanced operational efficiency and customer experience. Jumia streamlined its operations by exiting its non-strategic markets in South Africa and Tunisia.
Jumia reached 6 million customers last year in nine countries, which have a combined population of 600 million people, including Africa's most populous, Nigeria. "They (Temu) are spending a lot of ...
Its flagship business is the online retailer Jumia, which it says is Africa’s largest e-commerce mall. It also owns the continent’s leading hotel booking portal and classified-ad marketplaces ...