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 ...

Black Friday in developed economies such as the United States has since become a calendar event. Worldwide, Black Friday will be observed on November 29, unofficially marking the start of the ...

Jumia Uganda has officially launched its highly anticipated Black Friday campaign for 2023, offering customers the opportunity to purchase their favorite products at heavily subsidized prices. This ...

Last year was a tough year for Jumia on the global stage but now Africa’s largest online store must focus on how it returns a profit this year. In the year ended December 2019, Jumia decided to exit ...

Last week, pan-African e-commerce platform Jumia said it was discontinuing its food delivery service, Jumia Food. According to the company, its food delivery business didn’t align with the current ...

NYSE-listed e-commerce platform Jumia experienced a shift in shopping habits across its markets in Africa last year, as more shoppers bought everyday products as opposed to electronics. Shopping for ...

Africa-focused e-commerce company Jumia is using artificial intelligence (AI) across operations like customer service and marketing to cut jobs, joining the firms that are leveraging the new ...