👨🏿‍🚀TechCabal Daily – Jumia’s new responsibilities
2 MARCH, 2023 IN PARTNERSHIP WITH Happy pre-Friday 🎉 The next episode of My Startup in 60 Seconds is up! In this episode, Simpa Dania, CEO of Nigerian healthtech Healthstack,…
Jumia now liable for the sale of faulty products
Jumia, Africa’s largest ecommerce company, can now be held responsible for any disputes resulting from third-party transactions made through its platform, after reviewing its terms and conditions. This development is…
👨🏿‍🚀TechCabal Daily – Jumia’s 2022 losses
17 FEBRUARY, 2023 IN PARTNERSHIP WITH TGIF 🎉 Just in case you missed it, we’ve got something fun for you to binge this weekend. Yesterday, we launched an exciting new…
Q4 2022 report: Jumia’s projects $100-$120m loss in 2023 as it renews focus on profitability
African e-commerce company, Jumia has released its earnings report for Q4 2022 and the full year 2022. With revenue of $66 million for Q4, the company made a full year…
Jumia posts 24.7% revenue growth but continues to lose moneyÂ
eCommerce giant, Jumia, has released its financial results for Q4 2022 and the full year ended December 2022. Quarterly active consumers for Q4 22 was 3.2 million, a 15% drop…
Breaking: Jumia’s board appoints Francis Dufay as CEO
The supervisory board of the ecommerce company, Jumia, has now appointed Francis Dufay as the company’s CEO. Dufay was announced as the acting CEO after the exit of Jeremy Hodara…
👨🏿‍🚀 TechCabal Daily – Starlink launches in Nigeria
1 FEBRUARY, 2023 IN PARTNERSHIP WITH Happy new month 🚀 In the latest layoff news, PayPal is laying off 7% of its workforce—about 6,000 people—in what CEO Dan Schulman is…
Could a staggering liquidity position be Jumia’s latest predicament?
Most people know the story of the continent’s first unicorn, Jumia, the record-setting company that showed the world that ecommerce could thrive in Africa, and sealed the statement by pioneering…