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17 Oct 2024

Jumia to close shops in Tunisia, South Africa

The company said it is ceasing operations in South Africa and Tunisia to optimise resources and focus on markets with stronger growth potential.
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Zandaux has no fear of Jumia’s ‘ghost of failure’

New e-commerce firm, Zandaux, launched in Johannesburg this week with Egypt launch scheduled for 29 February. It also has presence in Kenya and Nigeria.
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18 Aug 2023

Troubles continue for Jumia, CEO remains optimistic

With declining customer numbers and sales, the e-commerce company is increasing its drive to become more lean and efficient and turning to payment solutions for some positivity.
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24 May 2023

Jumia on track for year-end profitability

The pan-African e-tailer reported its performance for the first quarter, and revealed its efforts to plug revenue leakages are showing positive signs.