Tag: Jumia
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…
Jumia Food abandons Nigeria, other African countries
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Jumia, one of the biggest online stores in Africa, has announced that it will shut down its food…
Jumia appoints Sunil Natraj as new CEO for Nigeria
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Sunil Natraj has been named as the new Chief Executive Officer for Nigeria by Jumia. The company released…
Jumia cuts spending after losing $15 million in 2023
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Jumia lost $15 million in adjusted EBITDA in the third quarter of 2023, which was a big step…
Trove Finance, JumiaPay Nigeria simplify investing
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Trove Finance, a Nigerian investment platform, and JumiaPay, a digital payments and fintech platform, have announced a partnership.…
Jumia Nigeria Announces 2023 Tech Week
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The leading pan-African e-commerce platform, Jumia, has announced the launch of its annual “Tech Week” campaign. This campaign…
Investors reconsider shares investment in Jumia stocks
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Baillie Gifford, an asset management company based in Edinburgh known for its propensity for pre-IPO digital businesses, has…
African Ecommerce Giant, Jumia, To Reduce Staff And Product Offerings
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Jumia, an African e-commerce company, reported $50.5 million in sales for the third quarter of this year, although…
Jeremy Hodara And Sacha Poignonnec Resign as Co-CEOs of Jumia
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Jeremy Hodara and Sacha Poignonnec, the co-founders of Jumia, have resigned from their roles as co-CEOs of the…
