Tag: Jumia
Jumia to exit South Africa and Tunisia this year
Jumia will exit South Africa and Tunisia by the end of 2024 to focus on its West and East African markets.
Both countries have contributed...
Jumia’s share price jumps after Q1 2024 that saw it cut...
The stock market reacted positively after Jumia shared its financial results for the first quarter of 2024, with shares of the Africa-focused e-commerce company...
Jumia cuts operating loss by 64% amid revenue decline
Africa’s e-commerce giant, Jumia has released its earnings statement for the full year 2023, reporting a 64% decline year on year in its operating...
Jumia to roll out Musk’s Starlink across Africa
Elon Musk’s SpaceX is partnering with Africa's e-commerce giant, Jumia Technologies to expand its satellite broadband services in Africa.
Jumia, which has Pernod Ricard and...
Jumia suspends Prime services
Africa’s Amazon, Jumia has been having a good year, but is has announced it is suspended Jumia Prime service and its attendant unlimited free deliveries...
Jumia, Coca-Cola partner to provide online shopping for consumers in Africa
Jumia, the leading e-commerce platform in Africa, has today announced a partnership with Coca-Cola Africa Operating Unit to offer consumers access to Coca-Cola products from...
Jumia, Zipline test drones for deliveries in Ghana, gears up for...
African e-commerce giant Jumia has announced a new partnership with instant delivery service Zipline, which owns a fleet of lightweight delivery drones, to work...
Jumia marks a decade of e-commerce in Ghana
Jumia, an African technology company, celebrated 10 years of operating in Ghana through e-commerce.Â
The company’s anniversary which is themed ‘‘10 years with you’’, will...
Jumia gets payment service provider license in Nigeria
Jumia has been granted its Payment Service Solution Provider (PSSP) License for JumiaPay in Nigeria.
In its Q1 2022 financial report released Tuesday, the e-commerce giant...
Jumia records losses in Q2
African e-commerce giant Jumia today has its second-quarter financial performance, showing continued losses.Â
The company recorded a decline in operating losses and adjusted EBITDA in...