Last week, pan-African e-commerce platform Jumia said it was discontinuing its food delivery service, Jumia Food. According to the company, its food delivery business didn’t align with the current ...

E-commerce platform Jumia has announced plans to shut down its food delivery business in all the seven African markets it operates in including Kenya by the end of this month, citing unfavourable ...

Jumia's Q1 earnings showed a mixed picture, but improved full-year guidance for FY 2025 and FY 2026, and profitability by Q4 2026, sparked a significant stock rally. Despite revenue and GMV declines, ...

In April 2019, as a team of senior executives at Jumia Technologies AG rang the ceremonial bell marking the start of trading during the company’s historic IPO at the New York Stock Exchange, an ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chief executive of Jumia, the ecommerce group often dubbed the “Amazon of Africa”, said it needs to ...

JOHANNESBURG, Oct 16 (Reuters) - Africa-focused e-commerce retailer Jumia Technologies will close its South African online fashion retailer Zando and its Tunisian operations by the end of the year to ...