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Jumia shares rise as the company’s e-commerce business revs up in Q2
TechCrunch· 2 years agoAfrican e-commerce giant Jumia reported its second-quarter financial performance today. In the wake...
Jumia quit food delivery because of deep-pocketed 'aggressive' rivals, CEO says
TechCrunch· 6 months agoLast week, pan-African e-commerce platform Jumia said it was discontinuing its food delivery...
Jumia to cut products and overhead as new management chases profits
TechCrunch· 2 years agoFrancis Dufay, the ex-chief at Jumia Ivory Coast and now acting CEO of Jumia -- took charge of the...
Jumia reaches lowest losses in four years under new management
TechCrunch· 1 year agoQ1 2023 marks the first quarter Jumia’s new management implemented its strategy after riding out the...
Jumia is using Zipline’s automated drones for deliveries in Ghana
Quartz via Yahoo Finance· 2 years agoCalifornia-based Zipline is known for pioneering the delivery of blood and essential health products...
What Does Amazon's Africa Pivot Mean for Jumia?
Motley Fool· 2 years agoAccording to Insider Magazine, Amazon (NASDAQ: AMZN) is planning a massive international expansion next year. This will give the e-commerce giant a...
Will Jumia Stock Pay Off Big for Investors?
Motley Fool· 2 years agoJumia Technologies (NYSE: JMIA) hasn't escaped the 2022 bear market -- it's down 65% year to date, and it isn't hard to see why. Despite enjoying a...
Jumia expects losses not to exceed $100M this year, per Q3 financials
TechCrunch· 10 months agoIn the first quarter of 2023, we reported that Jumia recorded its lowest losses in four years....
Jumia is back, growing total sales and orders in Q1 2024
TechCrunch· 1 month agoJumia's revenue and gross merchandise volume showed growth despite a decrease in quarterly active...
Could Jumia Technologies Become the Next Amazon?
Motley Fool· 11 months agoWhen Jumia (NYSE: JMIA) went public four years ago, many investors hailed the e-commerce company as the "Amazon (NASDAQ: AMZN) of Africa." It had already...