Browsing Tag
Jumia
65 posts
Massimiliano Spalazzi steps down as Jumia Nigeria CEO after 4 years, to be replaced by Sunil Natraj
Jumia Nigeria CEO, Massimiliano Spalazzi is stepping down from his role. This was revealed by the company in…
Jumia’s revenue jumps by 6% in Q3 2022 as company seeks to axe operating costs
The third quarter of the year saw Africa’s e-commerce giant Jumia record substantial growth in revenue and gross profit,…
Jumia’s revenue rises by 42.5% in Q2 of 2022 as orders reached 10.3m
Jumia’s shares rose, gaining more than 18.58% in early trading to $8.20 per share at the time of publication...
realme and Jumia join forces to boost smartphone adoption in Africa
realme would provide affordable, advanced devices with cutting-edge technologies to Jumia consumers in Sub-Saharan Africa
Jumia posts 44% revenue growth, 9.3m orders in Q1 2022
But these numbers fell well below how the pan-African e-commerce company ended 2021...
UPS partners Jumia to boost e-Commerce in Africa
*Jumia has built a distribution network for e-commerce business | *Partnership to start in Nigeria, Kenya, Morocco
Jumia posts $25.5m profit in Q3 but records huge operating loss as market demand grows
Africa’s top e-commerce company, Jumia, during the third quarter of the year, posted an operational loss that more…
Jumia posts $27m profit in Q2 but suffers huge operating loss as marketing spend hits record high
Jumia, Africa’s e-commerce giant, has recorded more losses than profits during the second quarter of the year. According…
Jumia’s New Model Has Grown its Profit by 11% but Market Share Dips to Lowest this Year
Jumia’s quest to achieve profitability has continued to benefit from its shift in focus to sales everyday product.…
Jumia raises $348.6m from secondary shares; here’s what it means for its business
Africa’s leading e-commerce company, Jumia has raised about $348.6 million from the sale of 8,962,961 American Depositary Shares…
