Here is how Jumia Technologies (JMIA) and MercadoLibre (MELI) have performed compared to their sector so far this year.
Jumia is a pan-African e-commerce company with a diverse group of 100K sellers offering goods across a wide range of categories. Jumia's market valuation has suffered a steep decline of more than 90%
Pan-African eCommerce giant Jumia is aggressively pursuing profitability by narrowing losses and growing monetization. In a report detailing its fourth quarter and full year 2022 results released Thur
Jumia Technologies AG (NYSE:JMIA ) Q4 2022 Earnings Conference Call February 16, 2023 8:30 AM ET Company Participants Safae Damir - Head of Investor Relations Francis Dufay - Acting CEO Antoine Maille
Jumia, as part of its streamlining efforts, reduced headcount by 60% in Dubai and “undertook overall headcount reductions that resulted in over 900 position terminations across its 11 markets, corre
African e-commerce firm Jumia Technologies said on Thursday that cost savings had helped it reduce fourth quarter losses by 30% from a year earlier, with a further sharp drop expected this year.

Jumia Technologies Breathes A New Life

02:52am, Tuesday, 07'th Feb 2023
Despite the growth of e-commerce sites, JMIA had a terrible year marked by massive losses and a precipitous drop in stock price. The new management under the interim CEO has come up with a plan that w
LAGOS, NIGERIA / ACCESSWIRE / February 1, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the fourth quarter and full year 2022 before the U.S
Baillie Gifford, the Edinburgh-based asset management firm long known to have a penchant for pre-IPO tech companies, has reduced its shares in African e-commerce giant Jumia, per the latest 13G/A fil
Kapu, a social commerce startup, coming out of stealth today having raised $8 million seed funding, is hoping to help lessen the burden of buying food for Kenyan consumers, many of whom are grappling
eCommerce platform Jumia is closing its Dubai office to cut costs and focus on Africa. The move comes a little less than a month after the departure of founders Sacha Poignonnec and Jeremy Hodara, and

Will Jumia Stock Pay Off Big for Investors?

09:53am, Saturday, 26'th Nov 2022
This Nigerian e-commerce company isn't doing much with its first-mover advantage in Africa.
Last Monday, Jumia co-founders Sacha Poignonnec and Jeremy Hodara resigned from their roles as co-CEOs, just ten days before the company's third-quarter 2022 financial report.
Jumia Technologies AG (NYSE:JMIA ) Q3 2022 Earnings Conference Call November 17, 2022 8:30 AM ET Company Participants Safae Damir - Head of Investor Relations Francis Dufay - Acting Chief Executive Of

Why Jumia Stock Plunged Today

06:59pm, Monday, 07'th Nov 2022
New leaders will guide the e-commerce platform's path to profitability.
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