Tag: Jumia
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…
Breaking: Rocket Internet sells all stakes in Jumia
The latest reports from Reuters said Rocket Internet has just…
Jumia makes more losses in 2019 as profitability becomes elusive
Despite major improvements in revenue, Africa’s largest eCommerce company and…
Will Payporte’s move to a brick and mortar store work?
Under the guise of operating as an omnichannel eCommerce platform,…
DHL to fight Jumia with Africa eShop in 20 countries
Global logistics giant, DHL, has taken a major step to…
Jumia losses widens after NYSE IPO
Africa-focused eCommerce company, Jumia Technologies AG said its losses for…
Citron fires more missiles at Jumia
The brash criticism against Jumia Technologies AG by Citron Research…
Jumia IPO is a ‘fraud’, shares ‘worthless’ – report
There are more troubles ahead for Jumia, an African-focused eCommerce…
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,…
Posted in Tech
Jumia sinks deeper into losses as revenue rises
Africa’s largest eCommerce company, Jumia, said its losses for the…