9 results
- 16 Feb 2023
Jumia Lays off 20% Staff as Part of Plans to Reduce Losses
Jumia, Africa’s leading e-tailer, has taken major steps to reduce losses and accelerating progress towards profitability, even if it means selling to fewer customers. Francis Dufay Jumia, which…
- 15 Feb 2026
Jumia Targets Break-even in 2026 After Strong Q4 Surge
Pan-African e-commerce giant Jumia says it has moved decisively beyond survival mode after posting robust fourth-quarter 2025 earnings, with CEO Francis Dufay declaring the company is now entering a…
- 13 Dec 2023
Jumia Food Exits Nigeria, Other African Markets
Jumia, the continent’s leading online retailer, announced that it will close Jumia Food, its food delivery service, by the end of December 2023, in a move that sent shockwaves through the African…
- 9 Jan 2024
Jumia Food Exit Shows Folly of Not Following Konga Strategy
The recent announcement of Jumia Food’s exit from Nigeria, its biggest market, has set alarm bells ringing among industry watchers. Dr. Fred Bongani, a former employee and founding staff, examines…
- 8 Jul 2025
Jumia Replatforms its Retail Media Program to Mirakl Ads to Enhance Marketplace Advertising
Jumia, e-Commerce platform in Africa, has partnered with Mirakl to elevate its marketplace advertising capabilities by deploying Mirakl Ads, a retail media solution uniquely designed to optimize…
- 12 Aug 2026
World Bank Investing $25 million in Equity in Jumia Technologies
The World Bank Group is supporting the expansion of Africa's digital commerce infrastructure to help small businesses reach new markets, create jobs, and strengthen economic opportunities across the…
- 16 Oct 2024
Jumia to Cease Operations in Non-Strategic Markets
Jumia Technologies, a leading e-commerce platform in Africa, has announced the planned closure of its operations in South Africa, operated under the brand name Zando, and Tunisia. The closure of…
- 14 May 2025
Jumia Expands Delivery Service to Nigeria
Jumia, pan-African e-commerce platform, has announced the expansion of its logistics service, Jumia Delivery, to Nigeria. Building on its successful operations in Côte d’Ivoire, Jumia Delivery offers…
- 3 Jun 2025
AXIAN Telecom Invests in Jumia Post-MTN Era
XIAN Telecom has acquired an 8% stake in pan-African e-commerce company Jumia Technologies, citing the platform’s fintech and logistics strengths as key drivers of its backing. This marks the first…