Africa-focused e-commerce retailer Jumia Technologies expects to break even in the last quarter of 2026.
Browsing: Jumia
Jumia Technologies has drawn takeover interest from Axian Telecom, people familiar with the matter said.
Jumia Technologies will close its South African online fashion retailer Zando by the end of the year.
Nasdaq-listed e-retailer Jumia Technologies plans to focus on Nigeria as part of a bid to turn profitable.
An investigation has identified wide-spanning examples of Starlink kits being traded and activated illegally around the world.
Jumia will close its food delivery business in all seven African countries in which the unit operates by year-end.
SpaceX will partner with e-commerce firm Jumia Technologies to expand its Starlink satellite broadband services in Africa.
Jumia Technologies made a deal to sell French retailer Leroy Merlin’s products in West Africa.
African e-commerce firm Jumia Technologies said it was past peak losses, driving its shares up 16% despite a wider quarterly loss.
Jumia Technologies is expanding in online food delivery as the pioneering Africa e-commerce business looks to grow beyond its main market of trading phones and electronics.