The Commission now requires Jumia to include, in its terms and conditions, a clause comprising “the entity to be served for legal purposes with its full details including the name, location ...

Sami Louali – EVP Financial Services at Jumia Group said, “We have always been at the forefront of providing our consumers with the latest and best products and services. With the launch of this new ...

In its most recent quarter, Jumia increased revenue by 9% year over year to $42.7 million. Single-digit top-line growth won't cut it for Jumia if it ever wants to become profitable.

Jumia's revenue declined 26%, or 18% in constant currency, to $36.3 million, though that includes the impact of exiting Tunisia and South Africa. Gross merchandise volume (GMV) was down 11%, or 2% ...

Jumia is the leading logistics platform in Africa and has extensive reach. 27% of deliveries in 2021 were made in remote areas, where choices of products are currently extremely limited for ...