Jumia Records $19m in Q3 Losses, Lowest since IPO – See its Pivot Strategy by Techeconomy December 4, 2023 1 Commerce This strategic pivot, evident in the considerable 74% year-over-year reduction in Sales and Advertising expenses, amounting to $4.3 million, aligns ... Read more
Jumia Lays off 20% of its Workforce by Joan Aimuengheuwa February 17, 2023 0 News Jumia affirms it has taken this step to minimize costs and losses in line with streamlining its organizational structure and ... Read more
Powers Change Hands at Jumia, New Board, Acting CEO Appointed by Joan Aimuengheuwa November 7, 2022 0 IndustryINFLUENCERS New leadership appointed with a plan focused on path to profitability and e-commerce fundamentals Read more