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 ...

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, ...

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 ...

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 ...