Posted in Big Business Latest

Jumia Ends its Food Delivery Service in Seven Markets, Cites Tough “Macroeconomic Conditions”

Pan-African e-commerce platform Jumia is halting its food delivery service,…

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Jumia
Posted in Latest Tech

Jumia cuts losses, costs as it looks to benefit from COVID-19 sales

Africa’s largest eCommerce company, Jumia Technologies, said while its first-quarter…

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Posted in Latest Tech

Breaking: Rocket Internet sells all stakes in Jumia

The latest reports from Reuters said Rocket Internet has just…

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Jumia
Posted in All Big Business Latest Tech

Jumia makes more losses in 2019 as profitability becomes elusive

Despite major improvements in revenue, Africa’s largest eCommerce company and…

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payporte
Posted in Latest Startups

Will Payporte’s move to a brick and mortar store work?

Under the guise of operating as an omnichannel eCommerce platform,…

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Posted in Big Business Latest Tech

DHL to fight Jumia with Africa eShop in 20 countries

Global logistics giant, DHL, has taken a major step to…

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Posted in Big Business Tech

Jumia losses widens after NYSE IPO

Africa-focused eCommerce company, Jumia Technologies AG said its losses for…

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Jumia
Posted in Big Business Latest Tech

Citron fires more missiles at Jumia

The brash criticism against Jumia Technologies AG by Citron Research…

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Posted in Latest Tech

Jumia IPO is a ‘fraud’, shares ‘worthless’ – report

There are more troubles ahead for Jumia, an African-focused eCommerce…

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JUmia
Posted in Uncategorized

Rocket Internet’s Jumia files for IPO on the NYSE

Germany’s Rocket Internet has confirmed that its African-based eCommerce startup,…

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