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Jumia discontinues food delivery across seven markets, shifts focus to expanding physical goods...
TechCrunch· 6 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· 6 months agoIn Q3 2023, Jumia reported an adjusted EBITDA loss of $15 million, marking the lowest since its IPO...
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...
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....
1 Green Flag and 1 Red Flag for Jumia Stock
Motley Fool· 2 years agoJumia (NYSE: JMIA), the German company that owns one of the top e-commerce marketplaces in Africa, was once considered a promising growth stock. It went...
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 Technologies Ag (JMIA) Q4 2022 Earnings Call Transcript
Motley Fool· 1 year agoWith us today are Francis Dufay, CEO of Jumia; and Antoine Maillet-Mezeray, executive vice...
African online retailer Jumia's Q4 losses narrow on cost savings
Reuters via Yahoo Finance· 1 year agoJOHANNESBURG (Reuters) -African e-commerce firm Jumia Technologies said on Thursday that cost...
The ‘Amazon of Africa’ is reducing staff and cutting premature products in its new era
Quartz via Yahoo Finance· 2 years agoAfrican e-commerce company Jumia reported $50.5 million in revenue for this year’s third quarter...
Amazon of Africa, Jumia Technologies Undergoes Tough Restructuring To Boost Bottomline
Benzinga via Yahoo Finance· 2 years agoE-commerce group Jumia Technologies AG (NYSE: JMIA), often dubbed the "Amazon of Africa," underwent...