Jumia, an African e-commerce company, reported $50.5 million in sales for the third quarter of this year, although engaged customers and the service values sold both increased significantly. In comparison to the previous year, operating losses fell (33%), while gross profit climbed (29%). These findings were released just one week after the company’s co-CEOs announced … Continue reading African Ecommerce Giant, Jumia, To Reduce Staff And Product Offerings