Jumia is cutting another 10% of staff, citing AI workflows. The company has now shed more than half its workforce since 2022. Q4 profitability is the deadline.
Jumia has never had the luxury of fat margins. The pan-African e-commerce platform — long tagged “the Amazon of Africa” — ...
Add Yahoo as a preferred source to see more of our stories on Google. NYSE-listed e-commerce platform Jumia experienced a shift in shopping habits across its markets in Africa last year, as more ...
Jumia Nigeria recorded a 42 per cent year-on-year increase in physical goods Gross Merchandise Value (GMV) in the first ...
LAGOS, NIGERIA / ACCESS Newswire / April 27, 2026 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the first quarter 2026 before the U.S. market opens on ...
Africa is a massive and still largely untapped market.
Jumia Reports 32%[1] GMV Growth and 39% Revenue Increase; Adjusted EBITDA Loss Narrowed 32%, Reflecting Continued Progress Toward Profitability; Jumia Reaffirms 2026 Guidance LAGOS, NIGERIA / ACCESS ...
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Shares of Jumia Technologies (NYSE: JMIA) shot up 24% this week, according to data from S&P Global Market Intelligence. The ...
Jumia Technologies AG (NYSE:JMIA) was skyrocketing up over 27% higher on Monday after the Africa-based e-commerce company announced it will expand its logistics services on the continent through a new ...
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