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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· 7 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...
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 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 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...
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...
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...