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.

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 Technologies is planning to cut an initial 10% of its workforce of about 2 000 people as the African e-commerce giant ...

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 ...

Shares of Jumia Technologies (NYSE: JMIA) shot up 24% this week, according to data from S&P Global Market Intelligence. The ...

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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 ...

Jumia Nigeria recorded a 42 per cent year-on-year increase in physical goods Gross Merchandise Value (GMV) in the first ...

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 ...