Tag: JUMIA
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Jumia Reduces Pretax Loss by 52% to $99m
The leading pan-African e-commerce platform. Jumia, posted a 52% year-on-year decline in pretax loss to $99 million
Jumia Plans Strategy Shift to Boost Growth, CEO Says
Mr Francis Dufay, the Chief Executive Officer (CEO), Jumia, a Pan-African e-commerce platform
Jumia Records $30.9mn Loss in Q1
Africa e-commerce giant, Jumia Technologies AG, announced today that its operating loss moderated in the first quarter of 2023
Jumia Struggles to Breakeven as Loss after tax Slides to €161mn
Africa’s e-commerce retailer, Jumia, struggles to breakeven...
Analysts Downgrade JUMIA to Sell for Taking Profit on Irrational Exuberance
Analysts Downgrade JUMIA to Sell for Taking Profit on Irrational Exuberance. Analysts at Tellimer have downgraded Jumia, a leading African focused e-commerce giant to a sell after what the emerging market investment firm accused the firm from taking profit on irrational exuberance.
