Jumia, Africa’s leading e-commerce firm, has reported $50.5m in revenue in Q3 2022. The company which disclosed this known during its Q3 2022 earnings call on...
By AYOOLA OLAOLUWA Africa’s e-commerce startup, Jumia, has responded to the prevailing harsh business environment by adopting survival strategies and adjustments, Business Hallmark reports. The online...
By AYOOLA OLAOLUWA Troubled e-commerce giant, Jumia, has adopted new business models to survive market challenges after its much celebrated listing on the New York Stock...
By AYOOLA OLAOLUWA America’s multinational technology company, Amazon, has joined the scramble for Nigeria’s bourgeorning e-commerce market. The e-commerce giant had last week announced plans to...
Indigenous tech giant, Zinox Group, has said has no immediate concrete plans to acquire Jumia, an e-commerce startup, but that the acquisition may happen in the...
By AYOOLA OLAOLUWA Billionaire businessman and Zinox Group chief, Leo Stan Ekeh, has launched an audacious takeover bid for Africa’s leading e-commerce firm, Jumia, multiple sources...
By AYOOLA OLAOLUWA Nigeria’s e-commerce giant, Konga, is steadily edging old rival, Jumia, in the race to control the nation’s retail and e-commerce market, Business Hallmark...
OBINNA EZUGWU Leading continental e-commerce startup, Jumia grown its profit by 38 percent, according to its second quarter 2020 results recently announced. The e-commerce platform recorded...
MTN Group Ltd. is planning to sell part or all of its $243 million interest in Jumia Technologies AG as Africa’s biggest wireless carrier looks to...