Tag: Jumia
Jumia reports $20m Q3 operating loss amid revenue decline
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Jumia Technologies AG, the e-commerce giant, reported a $20.1 million operating loss in Q3 2024, a 10 percent…
Jumia exits South Africa, Tunisia to concentrate on Nigeria, other African nations
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Africa-focused e-commerce company Jumia Technologies plans to close its operations in Tunisia and South Africa’s online fashion retailer…
Pernod Ricard buys 1.27 million Jumia shares, increasing its stake to 7.5%
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The world’s second-largest wine and spirits company, Pernod Ricard, bought 1.27 million shares in Jumia’s recently revealed secondary…
Jumia loss $20.2 million in revenue
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Jumia, an African online retailer, reported an operational loss of $20.2 million in the second quarter of 2024…
Jumia stock soars 17.72% in less than 24 hours
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Leading pan-African e-commerce platform Jumia Technologies AG has recently seen a notable rise in stock price. On July…
Jumia’s market cap exceeds $1 billion as Wall Street regains credibility
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The e-commerce company Jumia has experienced a 55% increase in share price in the last five days, indicating…
Jumia’s stock skyrockets 150% year-to-date following strong Q1 results
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Jumia, the African e-commerce giant, saw its stock price reach $8.67 on Monday, June 10. The surge continues…
Jumia Nigeria opens new warehouse, 600 more Jobs
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Jumia, a prominent e-commerce platform in Nigeria, officially inaugurated its new integrated warehouse and logistics network facility in…
Jumia Nigeria to expand, consolidate-warehouses into one depot
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To increase profits in the Nigerian market, e-commerce giant Jumia Technologies AG plans to merge all three warehouses…
Twiga Foods Announces Jumia’s Charles Ballard as New CEO
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Nairobi-based agritech company Twiga Foods has named Charles Ballard its new CEO, starting May 1. In his new…
