Last year was a tough year for Jumia on the global stage but now Africa’s largest online store must focus on how it returns a profit this year. In the year ended December 2019, Jumia decided to exit ...

Jumia Uganda has officially launched its highly anticipated Black Friday campaign for 2023, offering customers the opportunity to purchase their favorite products at heavily subsidized prices. This ...

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 ...

THERE are currently 960 million mobile subscriptions across Africa - an 80 percent penetration rate among the continent's population. Internet penetration is at 18 percent with 216 million internet ...

Rocket Internet-backed Jumia is in the money today, after the Africa-based e-commerce company announced it has raised €120 million ($150 million) in new funding. The company confirmed that the round ...