Jumia is expecting a loss before income tax of $65-$70 million in 2025, which would represent a meaningful improvement over 2024, driven by operating leverage and cost-cutting measures.

Year-to-date, Jumia’s adjusted EBITDA loss stands at $61 million, down by 61% from the first nine months of 2022; the company is projecting not to exceed $90 million by year’s end.

It’s common in any product category for one or two specific models to rise up and become the unspoken go-to. For example, we’d bet there are more podcasts using the Shure SM7B than any other mic ...

LAGOS, NIGERIA / ACCESS Newswire / April 21, 2025 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the first quarter 2025 before the U.S. market opens ...

African e-commerce firm Jumia Technologies will close its food delivery business in all seven countries in which the unit operates by the end of the year to focus on growing its core online retail ...

As mentioned, the Shure SM7B is more than just a podcast mic. However, if you're looking for a microphone specifically for music production purposes in a studio environment, opting for a condenser ...

Jumia's Q1 earnings showed a mixed picture, but improved full-year guidance for FY 2025 and FY 2026, and profitability by Q4 2026, sparked a significant stock rally. Despite revenue and GMV ...