Jumia reports $20-million loss in Q3 amid economic pressures
Jumia posts a $20-million Q3 loss but strengthens its financial strategy, targeting growth in high-potential African markets while expanding into underserved areas.
Jumia
French businessmen Jeremy Hodara, Sacha Poignonnec step down as co-CEOs of Jumia
Jumia is Africa’s leading e-commerce platform.
Jumia shares surge 14.8 percent following speculation of takeover by Nigerian tech tycoon Leo Stan Ekeh
Ekeh’s takeover of Jumia would likely make Zinox the largest e-commerce owner in Africa.