Amazon on Jumia
Quote from Ndubuisi Ekekwe on July 23, 2022, 5:27 PM
What happens to Jumia if Amazon decides to join the fray in sub-Saharan Africa, by running an ecommerce operation in some markets like Nigeria, Kenya, Ghana and a few others? It may be really tough for Jumia to overcome. Yet, Amazon may just decide to buy Jumia.
What happens to Jumia if Amazon decides to join the fray in sub-Saharan Africa, by running an ecommerce operation in some markets like Nigeria, Kenya, Ghana and a few others? It may be really tough for Jumia to overcome. Yet, Amazon may just decide to buy Jumia.
Quote from Emmanuel Awopetu on July 24, 2022, 10:15 AM"Yet, Amazon may just decide to buy Jumia"-If Jumia keeps burning cash at this rate which will certainly not get slower, then I expect it to happen before 2023 Q2.
I actually expected Alibaba to buy the company but I just realized that Ma's ideology is to be asset-light unlike Jeff who is more of an eco-system builder so I expect him to move in that direction.
"Yet, Amazon may just decide to buy Jumia"-If Jumia keeps burning cash at this rate which will certainly not get slower, then I expect it to happen before 2023 Q2.
I actually expected Alibaba to buy the company but I just realized that Ma's ideology is to be asset-light unlike Jeff who is more of an eco-system builder so I expect him to move in that direction.
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