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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 Technologies Ag (JMIA) Q1 2024 Earnings Call Transcript
Motley Fool via Yahoo Finance· 1 week agoImage source: The Motley Fool. Jumia Technologies Ag (NYSE: JMIA) Q1 2024 Earnings Call May 07,...
Jumia discontinues food delivery across seven markets, shifts focus to expanding physical goods...
TechCrunch· 5 months agoPan-African e-commerce platform Jumia has disclosed its intention to discontinue its food delivery...
Jumia to cut products and overhead as new management chases profits
TechCrunch· 1 year agoFrancis Dufay, the ex-chief at Jumia Ivory Coast and now acting CEO of Jumia -- took charge of the...
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’s quarterly customer orders are rising as a key metric improves
Quartz· 2 years agoJumia has recorded a marginal increase in 24-hours deliveries, and it says much about the putative...
Jumia expects losses not to exceed $100M this year, per Q3 financials
TechCrunch· 9 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 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 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...