Last Monday, Jumia co-founders Sacha Poignonnec and Jeremy Hodara resigned from their roles as co-CEOs, just ten days before the company’s third-quarter 2022 financial report. The end of their ...

with a mix of door delivery and pickup stations in many countries. We have our technology and partners that are often loyal and dedicated to Jumia. And any competitor coming in would need to build ...

UPS will take advantage of the 3,000 drop-off and pick-up points that Jumia has built across its markets in Africa, to ensure its users get their packages directly delivered to their front door.

Jumia's Q3 results exceeded expectations, showing growth despite significant currency headwinds, with GMV up 29% in constant-currency and revenue growing 9% in constant-currency. The company is ...

Temu has not yet set up such a network. Moreover, Jumia's pick-up stations (PUS) are a critical asset more valuable than door delivery. The economics are poor for providing free door delivery from ...

Moustapha, a cosmetics shop employee, visits this Jumia “vendor drop operation” twice a day. This warehouse of about 800 square metres faces the discreet entrance door leading to the Ivorian ...

Jumia (NYSE: JMIA) stock is getting crushed in Thursday's trading. The e-commerce company's share price was down 29.5% as of 10:15 a.m. ET amid a 0.8% decline for the S&P 500 (SNPINDEX: ^GSPC) and ...

Jumia was once expected to become the “Amazon of Africa.” It’s struggled with slowing growth and widening losses. It faces intense competition from local and overseas marketplaces. Jumia ...

Shares of Jumia Technologies (NYSE: JMIA) were surging today after the African e-commerce company reported solid growth in orders, despite a decline in revenue, and guided to full-year ...

Following success in Côte d'Ivoire, Jumia Delivery launches in Nigeria with plans to enter more key markets LAGOS, NG / ACCESS Newswire / May 13, 2025 / Jumia, the leading pan-African e ...

Jumia shared key performance indicators across a recently concluded holiday stretch. Total orders, gross merchandise volume, and active customers all saw significant growth compared to last year ...