Jumia Q3’24 Results: Revenue Falls 13% | Losses Widen to $20.1M | Cash Reserves Climb 78%
With its bolstered liquidity, Jumia is thriving to improve operational efficiency and drive long-term growth
Tag: jumia
Jumia Black Friday 2024: Deals for 30M Nigerians | 200+ Pickup Stations | Partnership with Top Brands
Month-long event to feature unbeatable deals, with Xiaomi as the platinum partner
The Future of eCommerce in Nigeria: Trends and Challenges
In fact, around 84% of internet access in Nigeria occurs via mobile devices, accentuating the need for businesses to adopt ...
Jumia Says South Africa and Tunisia Had Low Profitability with Only 3.5% of Orders, 3.0% of GMV
…exits to focus on nine other markets including Nigeria and Kenya
2024’s High-Growth Sectors and 2025 Prospects
Several sectors have become unignorable growth drivers in 2024
How Jumia Sustained Momentum with Significant Loss Reduction in Q2 2024
Jumia Technologies AG (NYSE: JMIA) has just released its financial results for Q2 2024. A careful study of the results ...
Jumia’s Woes Deepen with $20.2 Million Operating Loss in Q2 2024
Jumia, Africa’s e-commerce group, reported an operating loss of $20.2 million in Q2 2024, marking a 17% decline in revenue. ...
How Jumia is Empowering African Entrepreneurs | Impact on Local Businesses
Through its e-commerce marketplace, Jumia has enabled over 11,000 SMEs to connect with millions of consumers
Jumia Levels Up Customer Experience Across Africa with Sprinklr Partnership
This enables Jumia to provide seamless support regardless of the customer's preferred communication channel
Jumia Commissions New Warehouse, Providing Additional 600 Jobs in Nigeria
Over 30,000 square meters with 17,000 square meters of covered storage in Isolo, Lagos
Empowering Nigerian Retail: The Promise of Pay on Delivery
Electronic commerce in Nigeria has evolved exponentially in recent years, transforming the retail landscape and reshaping consumer habits. From the ...
Building Strategic Partnerships in eCommerce as Growth Mechanism
Strategic partnerships form an integral part of businesses today — and with good reason. Their importance has become more than ...
EXCLUSIVE: Pandascrow to Shut Down its eCommerce Platform ‘Storefront’
Social commerce is poised to become the leader in the ecommerce world, leaving traditional online shopping in the dust. Experts ...
eCommerce for All: Jumia’s Role in Bridging the Digital Divide
Ecommerce today has become as pervasive as universal languages and global trends. Yet, as far-reaching as this commercial phenomenon is, ...
Jumia Releases Statement as Lagos State Govt Seals Yaba Office
Jumia Nigeria has reacted recent actions of the Lagos State government which sealed its Yaba Office. The Lagos State Government ...