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Jumia quit food delivery because of deep-pocketed 'aggressive' rivals, CEO says
TechCrunch· 4 months agoLast week, pan-African e-commerce platform Jumia said it was discontinuing its food delivery...
Jumia discontinues food delivery across seven markets, shifts focus to expanding physical goods...
TechCrunch· 4 months agoPan-African e-commerce platform Jumia has disclosed its intention to discontinue its food delivery...
Jumia reports GMV growth in physical goods across five countries and lowest losses since IPO
TechCrunch· 5 months agoIn Q3 2023, Jumia reported an adjusted EBITDA loss of $15 million, marking the lowest since its IPO...
Jumia reduces losses by over 90% in Q4 amid focus on restoring order and GMV growth
TechCrunch· 2 months agoIn 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100 million to $120 million in Q1;...
Jumia’s venture into quick commerce could slow its path to profitability
TechCrunch ExtraCrunch· 2 years agoProfitability has been an ongoing theme for Jumia since it went public in 2019. While the company’s...
Jumia Technologies Ag (JMIA) Q4 2023 Earnings Call Transcript
Motley Fool via Yahoo Finance· 2 months agoImage source: The Motley Fool. Jumia Technologies Ag (NYSE: JMIA) Q4 2023 Earnings Call Feb 15,...
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 reaches lowest losses in four years under new management
TechCrunch· 11 months agoQ1 2023 marks the first quarter Jumia’s new management implemented its strategy after riding out the...
Jumia expects losses not to exceed $100M this year, per Q3 financials
TechCrunch· 8 months agoIn the first quarter of 2023, we reported that Jumia recorded its lowest losses in four years....
Jumia laid off 20% of staff in Q4 2022 amid work to reduce losses by half this year
TechCrunch· 1 year agoJumia, as part of its streamlining efforts, reduced headcount among managerial roles by 60% in Dubai...