Founded in 2012, Jumia (formerly called Africa Internet Group) last spring became the continent’s first “unicorn” startup, valued at over $1 billion during a $327 million funding round that ...

Jumia, which is listed on the New York Stock ... “In the fourth quarter, excluding South Africa and Tunisia, we achieved strong acceleration in our key usage metrics, with Physical Goods Orders ...

LAGOS, Feb 21 (Reuters) - Africa-focused e-commerce retailer Jumia Technologies will grow orders by up to 25% and continue to cut costs this year while fighting to keep its market share from ...

Earnings Call Insights: Jumia Technologies AG (NYSE ... Strategic actions included exiting non-strategic markets such as South Africa and Tunisia, consolidating warehouse operations, and expanding ...

showing year-over-year growth, reflecting enhanced operational efficiency and customer experience. Jumia streamlined its operations by exiting its non-strategic markets in South Africa and Tunisia.

Ceasing Operations in South Africa and Tunisia to Optimize Resources and Focus on Markets with Stronger Growth Potential LAGOS, NIGERIA / ACCESSWIRE / October 16, 2024 / Jumia Technologies AG ...

Jumia Technologies has restructured for efficiency ... and 15% (excluding Tunisia and South Africa for Q4) year-over-year for Q1 to Q4 respectively. GMV growth: -4% (+28% in constant currency ...

Africa-focused e-commerce retailer Jumia Technologies will grow orders by up to 25% and continue to cut costs this year while fighting to keep its market share from Chinese competitors like Temu ...

Jumia reached six million customers last year in nine countries, which have a combined population of 600 million people, including Africa's most populous, Nigeria.