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Jumia
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Jumia partners with France’s Leroy Merlin to serve smaller African cities
Jumia, Africa’s leading e-commerce platform, has partnered with French retail giant Leroy Merlin to expand its presence in…
Jumia Nigeria unveils 2023 Tech Week
Consumers in Nigeria to leverage the campaign to upgrade their tech devices
Africa’s unicorn, Jumia, records narrowed losses in Q4 2022 after enforcing cost-saving strategy
...projects that it will reduce its losses even further in 2023 to a range of $100 -$120 million.
Jumia’s biggest investor cuts stake by 0.67%
The decision to sell some of its shares may have to do with Jumia’s performance in the stock market.
Kapu, social commerce startup founded by ex-Jumia executive, announces $8 million raise
Kapu, a Kenyan-based social commerce startup, has announced the raise of $8 million in seed funding. The startup…
Jumia’s revenue jumps by 6% in Q3 2022 as company seeks to axe operating costs
The third quarter of the year saw Africa’s e-commerce giant Jumia record substantial growth in revenue and gross profit,…
Jumia appoints new CEO as co-founders step down
The statement says that Francis Dufay, who was until recently the executive vice president for Jumia Africa, will step into the CEO role at the company.
Jumia tops as Nigeria dominates list of 100 most-funded African startups
Jumia raised $885 million across six funding rounds in seven years...