Sacha Poignonnec
Jumia shares rise as the company’s e-commerce business revs up in Q2
African e-commerce giant Jumia reported its second-quarter financial performance today. In the wake of its financial reporting this morning, Jumia’s shares climbed sharply, gaining more than 15%
The e-commerce boom is still afoot in Africa, Jumia’s earnings indicate
Jumia, the pan-African e-commerce company (and sole tech company based on the continent listed on the NYSE), released its first-quarter financial performance today. The company’s results include
Jumia posts revenue and order gains, but compounding losses drag its stock lower
Pan-African e-commerce company Jumia released its third-quarter financial performance today, detailing a mix of expected and surprising results. When TechCrunch discussed the company’s Q2 2020 finan
Goldman-backed ventures Jumia and Twiga partner on produce in Kenya
Pan-African e-commerce company Jumia and B2B agtech startup Twiga Foods are partnering to deliver produce in Kenya using adaptive measures during COVID-19. Jumia offers online goods and services verti
Africa Roundup: Africa’s tech ecosystem responds to COVID-19
In March, the virus gripping the world — COVID-19 — started to spread in Africa. In short order, actors across the continent’s tech ecosystem began to step up to stem the spread. Early in Ma
Jumia adapts Pan-African e-commerce network in response to COVID-19
Pan-African e-commerce company Jumia is adapting its digital retail network to curb the spread of COVID-19. The Nigeria headquartered operation — with online goods and services verticals in 11 Afric
Africa e-tailer Jumia reports first full-year results post NYSE IPO
Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs. fulfillment expenses, expanded financial services and still posted losses. The online sales company,
2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital
2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high-profile IPO, visits by both Jacks (Ma and Dorsey) and big Chinese startup investment energized th