Jumia Raises $99.6 Million in Secondary Share Offering
Jumia, Africa's leading e-commerce platform, has successfully raised $99.6 million through a secondary share sale, concluding the transaction just ten ...
Tag: e-commerce
Jumia Reduces Operating Loss to $20.2 Million Amid Economic Challenges
Jumia Technologies AG, a leading e-commerce platform in Africa, has reported a significant reduction in its operating loss, cutting it ...
Jumia Food Forced in Africa to Shut Down Due to Financial Struggles
Jumia, the prominent African e-commerce company, has announced the cessation of its food delivery arm, Jumia Food, across several African ...
Stocks to Watch: Sphere Entertainment, Bitcoin and More
As the markets fluctuate and investors keep a keen eye on various stocks, several companies are making headlines for their ...
Jumia Reports 28.1% Decline in Customer Base in Nigeria Due to Inflation Woes
Jumia, has unveiled its Q2 2023 financial results, revealing a substantial 28.1% reduction in its customer base as the impact ...
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