jumia

Jumia to Shut Down South African and Tunisian Operations

Jumia to Shut Down South African and Tunisian Operations

Jumia Technologies, an African-focused e-commerce giant, will close its South African online fashion retailer, Zando, and its Tunisian operations by… Read More

8 months ago

Jumia Shares Plunges 82% on NYSE, Raises Questions About Foreign Listing for African Start-Ups

“On the first day of trading, Jumia's share price settled at $14.5. However, four and a half years later, Jumia's… Read More

2 years ago

Indonesia’s tech giants are battling to bring roadside stalls online

As many as 117 million Indonesians — a majority of the country’s workforce — are involved in micro-, small-, and medium-sized businesses,… Read More

4 years ago

Jumia to Expand Food Delivery Service in Africa

With food delivery accounting for a significant portion of all transactions across the Jumia platform, the company’s co-CEO, Sacha Poignonnec,… Read More

4 years ago

Jumia’s FY20 Report Shows Gradual Move Towards Profitability

Cost cuts helped African e-commerce giant Jumia reduce fourth-quarter losses by 47% from the previous year, the company said yesterday… Read More

4 years ago

Jumia’s New Technology Center Launches In Egypt

After a successful pre-launch in 2020, followed by a delay forced by the novel coronavirus pandemic, Nigeria-based e-commerce giant Jumia… Read More

4 years ago

Jumia: From Laughing Stock to $100 Per Share

Jumia’s comeback has now been sealed in a survey by financial media outlet Benzinga, which has the majority of over… Read More

4 years ago

‌MTN Sells Stakes in Jumia

The MTN Group has sold its 18.9 per cent stakes in Jumia, raking in R2.3bn ($138m ) from the deal.… Read More

5 years ago