jumia
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Startups
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…
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Tech
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,…
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People & Money
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,…
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People & Money
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…
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Tech
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…
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People & Money
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.…
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