Tag: Jumia third quarter 2024 results

Jumia Q3’24 Results: Revenue Falls 13% | Losses Widen to $20.1M | Cash Reserves Climb 78%

by Joan Aimuengheuwa

November 8, 2024

Jumia Q3’24 Results: Revenue Falls 13% | Losses Widen to $20.1M | Cash Reserves Climb 78%

Commerce

With its bolstered liquidity, Jumia is thriving to improve operational efficiency and drive long-term growth

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The meeting focused on the major lessons for techies in 2024 and projections for 2025, with a discussion on the rapid pace of innovation in the tech industry and the role of AI and digital ecosystems in creating smarter solutions. The panelists emphasized the importance of continuous learning, upskilling, and adapting to new trends, particularly in the context of AI, and highlighted the need for tech professionals to focus on mastering core concepts of programming, developing a business that is sustainable, and being customer-centric. The conversation ended with advice for career growth in the tech industry, emphasizing the importance of patience, finding a mentor, and focusing on strengths.