PalmPay, Jumia to improve cashless payments in Nigeria PalmPay, a prominent Nigerian fintech app, has announced a strategic partnership with Jumia, a leading e-commerce platform, to enable customers…
Jumia Technologies AG announces €244 million rights issue to boost finances and drive expansion Africa’s leading e-commerce platform, Jumia Technologies AG, has announced plans to raise €244 million ($268 million) through a rights issue,…
Jumia reports $20.2 million operating loss in Q2 2024 amid revenue decline Africa’s leading e-commerce group, Jumia, has reported a $20.2 million operating loss for Q2 2024, reflecting a 17% drop in…
Jumia appoints Vinod Goel as new Regional CEO for East Africa Jumia, has appointed Jumia Uganda CEO, Vinod Goel, as its new Regional CEO for East Africa, a role which will…
Jumia announces decision to shut down Jumia Food by end of 2023 African e-commerce giant Jumia has announced the impending shutdown of its food delivery business, Jumia Food, by the end of…
