Exclusive: Jumia slashes staff after exiting food delivery business
Jumia, one of Africa’s most prominent e-commerce platforms, laid off employees in Kenya and other African markets in January 2024, ...
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Tag: Jumia
Jumia slashes operational losses in Q4, but profitability remains out of reach
Jumia, one of Africa’s most prominent e-commerce businesses, cut its operating losses in Q4 2023 to $4.5 million after several ...
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Jumia shuts down food delivery segment in race to profitability
In its continued cost-cutting spree, e-commerce company Jumia has shut down its food delivery business in Nigeria, Kenya, Morocco, Ivory ...
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