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Online shopping is booming across Africa, with the digital marketplace estimated to grow to $75 billion by 2025. Big players ...
Jumia will stop its operations in Tunisia and close its online clothing store, Zando, in South Africa by the end of the year. This decision is part of the company’s ongoing strategy to reduce costs ...
Jumia has launched its logistics service, Jumia Delivery, in Nigeria to boost e-commerce efficiency and drive profitability ...
REUTERS/Monicah Mwangi/File Photo JOHANNESBURG, Oct 16 (Reuters) – Africa-focused e-commerce retailer Jumia Technologies will close its South African online fashion retailer Zando and its ...
In the first nine months of 2024, South Africa and Tunisia together accounted for just 2% of orders and 3% of GMV of Jumia. South Africa and Tunisia presented unique challenges due to their ...
Jumia brings in sales from Nigeria, Egypt, Morocco, Kenya, South Africa and other countriesImage: Issouf Sanogo/AFP/Getty Images Africa's largest online marketplace is Jumia, an e-commerce company ...
Jumia's revenue declined 26%, or 18% in constant currency, to $36.3 million, though that includes the impact of exiting Tunisia and South Africa. Gross merchandise volume (GMV) was down 11% ...
Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. The company’s platform consists ...