Jumia records $20.2 million operating loss in Q2 2024 as revenue decline
Africa’s e-commerce group, Jumia, posted a $20.2 million operating loss in Q2 2024 amid a 17% decline in revenue.
Tag: Francis Dufay
Jumia to consolidate all 3 warehouses into singular 30,000sqm depot in Lagos
E-commerce juggernaut, Jumia Technologies AG, is set to consolidate all three warehouses into a singular 30,000sqm depot in Lagos, as ...
Jumia’s operating losses falls to $8.3 million in first quarter
Jumia’s gross merchandise value (GMV), that is, the total amount customers paid before deductions like fees, discounts, or returns, also ...
Jumia Food exit shows folly of not following Konga strategy
E-Commerce, despite its potential as a goldmine, remains one of the most challenging business sectors in Nigeria and indeed, the ...
Jumia records 54% decline in operating loss in Q1 2023
Africa’s e-commerce group, Jumia, recorded a 54% decline year-on-year in its operating loss in Q1 2023, resulting in a $31 ...
