Jumia reports $20m Q3 operating loss amid revenue decline by Modupeoluwa Olalere November 8, 2024 0 Jumia Technologies AG, the e-commerce giant, reported a $20.1 million operating loss in Q3 2024, a 10 percent increase compared ...
Jumia exits South Africa, Tunisia to concentrate on Nigeria, other African nations by Oluwatosin Adeyemi October 17, 2024 0 Africa-focused e-commerce company Jumia Technologies plans to close its operations in Tunisia and South Africa's online fashion retailer Zando by ...
Pernod Ricard buys 1.27 million Jumia shares, increasing its stake to 7.5% by Saibu Grace August 16, 2024 0 The world's second-largest wine and spirits company, Pernod Ricard, bought 1.27 million shares in Jumia's recently revealed secondary sale. Pernod ...
Jumia loss $20.2 million in revenue by Oluwatosin Adeyemi August 7, 2024 0 Jumia, an African online retailer, reported an operational loss of $20.2 million in the second quarter of 2024 amid a ...
Jumia stock soars 17.72% in less than 24 hours by Olanrewaju Adeniyi July 23, 2024 0 Leading pan-African e-commerce platform Jumia Technologies AG has recently seen a notable rise in stock price. On July 22, 2024, ...
Jumia’s market cap exceeds $1 billion as Wall Street regains credibility by Saibu Grace July 15, 2024 0 The e-commerce company Jumia has experienced a 55% increase in share price in the last five days, indicating an increasing ...
Jumia’s stock skyrockets 150% year-to-date following strong Q1 results by Ibukunoluwa Bankole June 12, 2024 0 Jumia, the African e-commerce giant, saw its stock price reach $8.67 on Monday, June 10. The surge continues an unexpected ...
Jumia Nigeria opens new warehouse, 600 more Jobs by Felicia Akindurodoye May 30, 2024 0 Jumia, a prominent e-commerce platform in Nigeria, officially inaugurated its new integrated warehouse and logistics network facility in Lagos. Sunil ...
Jumia Nigeria to expand, consolidate-warehouses into one depot by Felicia Akindurodoye May 17, 2024 0 To increase profits in the Nigerian market, e-commerce giant Jumia Technologies AG plans to merge all three warehouses into a ...
Twiga Foods Announces Jumia’s Charles Ballard as New CEO by Modupeoluwa Olalere May 2, 2024 0 Nairobi-based agritech company Twiga Foods has named Charles Ballard its new CEO, starting May 1. In his new job, Charles ...