NYSE-listed e-commerce platform Jumia experienced a shift in shopping habits across its markets in Africa last year, as more shoppers bought everyday products as opposed to electronics. Shopping for ...

Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares (ADSs) and raise more than $100 million, given its share price ...

Even with a big sell-off today, Jumia stock is still up 159% over the last year.

Recent performance indicators underscore that ambition. Jumia recorded strong year-on-year growth in Gross Merchandise Value ...

Central to Jumia’s rebound is the lean organizational structure Dufay was appointed to implement. Under his tenure, the company has exited several non-core markets, reduced headcount, and cut ...

Jumia, the leading pan-African e-commerce platform, today announced the start of its anniversary sales campaign, offering millions of consumers in Nigeria exciting offers on a wide range of products. ...

Jumia Technologies investors have seen a 323% gain since November 2023, validating the company's pivot and future growth potential. Benchmark validated Jumia with a $14 price target and a 20% CAGR in ...

Jumia Technologies is on its way to building a sustainable business after a change in management, but the company still needs to prove it can generate profitable growth. High inflation rates, currency ...