Tag: Jumia
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…
Jumia, Zipline Partner To Launch Drone Package Delivery In Ghana
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The Pan-African e-commerce company, Jumia, has collaborated with Zipline to launch on-demand drone delivery in Ghana, with plans…
Jumia Shares Rise After A Tough First Quarter
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Jumia, the African e-commerce giant, has announced its second-quarter financial progress. In the report, Jumia’s shares gained more…
