Jumia Technologies AG, Africa’s e-commerce giant, has reported its financial performance for the second quarter of 2024, revealing a complex interplay of challenges and strategic responses. The company’s revenue for…
Jumia Technologies, a pan-African e-commerce platform, has announced plans to close its food delivery business, Jumia Food. In a statement, the company said that it “will continue to operate its…
Building a startup is an endeavour that is as challenging as it is rewarding. It is a journey that is fraught with uncertainty, risk, and the potential for failure. The…
In the e-commerce sector, the ability to improve operational efficiency and achieve profitability is the pulse that beats within every organization’s heart. But for most e-commerce startups, including Jumia, it…
Africa’s leading e-commerce platform, Jumia, recently recorded strong financial growth in the first quarter of 2023. This happened under her new leadership led by Francis Dufay who became full-time CEO…
Jumia, Africa’s leading e-commerce platform, has announced the appointment of Vinod Goel, as Uganda’s new Chief Executive Officer. Vinod takes over the leadership mantle from former CEO, Ron Kawamara who…
Ugandan fintechs Chipper Cash, Tugende and Asaak have been named in the top 100 Most Funded African Startups in research compiled by Digest Africa, a Pan-African data and intelligence startup…
E-commerce firms in Uganda have officially launched their umbrella, E-Trade and Startup Association of Uganda, a rational initiative that helps organizations and startups unlock the potential of the trade….
Jumia, a leading e-commerce firm, has announced a partnership with Stanbic Bank that will see all consumers that pay using Stanbic Visa card get free delivery on all items purchased…
On Friday October 30, 2020, MTN announced the sale of its 18.9% stake in Jumia, a deal which earned the telecom giant in the excess of UGX533b (US$142.31 million). According…
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