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Jumia Discontinues Food Delivery Business in Nigeria And Other African Markets, Cites Macroeconomic Conditions
Pan-African e-commerce platform Jumia, has announced its plan to discontinue its food delivery business in Nigeria and other African markets which include Kenya, Uganda,...
Jumia Shuts Down Jumia Food in Nigeria and African Markets, Prioritizes Core E-commerce Operations
Jumia Technologies AG (JMIA), Africa's prominent e-commerce platform, has announced the cessation of its unprofitable food delivery service, Jumia Food, in Nigeria and multiple...
Jumia Lost One Million Active Customers in the Last 12 Months, With 37% Drop...
Two reports explain Jumia's last quarter:
First Report
"Although JMIA has done a stellar job shrinking EBITDA loss in Q2, there are a few very worrisome...
Jumia Losses Decline Significantly, Meets End of Year Target in Q1 2023, Following New...
Pan-African technology company built around a marketplace, logistics service, and payment service, Jumia has seen its losses decline, and met its end-of-the-year target in...
Jumia Fired 900 Workers Last Quarter As It Looks for Profits
Running a B2C ecommerce in Africa remains a challenging aspiration. Jumia is telling us how hard that mission remains. The ecommerce company fired 900...