LAGOS, NIGERIA / ACCESSWIRE / October 16, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or "the Company"), a leading e-commerce platform in Africa, today announced the planned closure of its ...

Jumia reported a decline in revenue, but sales of physical goods grew. The company said it would be profitable by 2027. Jumia has faced a number of challenges, but profitability would be a major ...

Baillie Gifford, the Edinburgh-based asset management firm long known to have a penchant for pre-IPO tech companies, has reduced its shares in African e-commerce giant Jumia, per the latest 13G/A ...

A year after its much heralded debut on the New York Stock Exchange, e-commerce start-up Jumia has shut down in three African states, struggled to turn a profit and got dumped by its original owners, ...

Africa’s largest e-commerce site Jumia has amended its terms and conditions after the regional watchdog, the COMESA (Common Markets for Eastern and Southern Africa) Competition Commission, compelled ...

The fact that Jumia didn't even exist two years ago, and is now operating in nine different countries and seeing double-digit growth, is in itself testament to the blossoming economic environment ...