Gift cards have become an important part of Nigeria’s digital economy, and their impact continues to grow each year. In 2025 alone, Nigeria’s gift card market was valued at about $2.34 billion, with ...

Jumia Technologies (NYSE:JMIA) just released its third-quarter earnings, reporting a 25% increase in revenue, higher consumer demand, and a smaller adjusted EBITDA loss compared to last year.

Jumia hosted analyst visits and noted it was benefiting from cheaper Chinese goods to Africa due to U.S. tariffs. One Wall Street analyst hiked his price target on shares by 130%. Jumia also rolled ...

Jumia Technologies (NYSE:JMIA) has recently caught some investor attention, as its stock performance over the past month shows a gain of about 34%. With this momentum, many are taking a closer look at ...

Jumia Technologies AG, the biggest e-commerce company in Africa, has drawn takeover interest from telecommunications company Axian Telecom, people familiar with the matter said. Axian, which is based ...

LAGOS, Feb 21 (Reuters) - Africa-focused e-commerce retailer Jumia Technologies will grow orders by up to 25% and continue to cut costs this year while fighting to keep its market share from Chinese ...

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Jumia's Results Conference Call for the Fourth Quarter of 2024. [Operator Instructions] I would now like to turn the call over ...

Jumia's Q3 results showed mixed performance with positive growth in active customers and GMV but increased cash usage and EBITDA loss due to strategic investments. Warehouse consolidation and ...

Jumia will stop its operations in Tunisia and close its online clothing store, Zando, in South Africa by the end of the year. This decision is part of the company’s ongoing strategy to reduce costs ...

Pan-African e-commerce platform Jumia has disclosed its intention to discontinue its food delivery service, Jumia Food. The company said its food delivery business is not aligned with the current ...