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Jumia quit food delivery because of deep-pocketed ‘aggressive’ rivals, CEO says

Latest / Startup / Technology

Jumia quit food delivery because of deep-pocketed ‘aggressive’ rivals, CEO says

December 18, 2023December 19, 2023 - by Amit Yadav - Leave a Comment

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 operational …

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Jumia discontinues food delivery across seven markets, shifts focus to expanding physical goods business

Latest / Startup / Technology

Jumia discontinues food delivery across seven markets, shifts focus to expanding physical goods business

December 14, 2023December 14, 2023 - by Amit Yadav - Leave a Comment

Pan-African e-commerce platform Jumia has disclosed its intention to discontinue its food delivery service, Jumia Food. The company said its food delivery business is not aligned with the current operational …

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Jumia reaches lowest losses in four years under new management

Latest / Startup / Technology

Jumia reaches lowest losses in four years under new management

May 24, 2023May 25, 2023 - by Amit Yadav - Leave a Comment

Q1 2023 marks the first quarter Jumia’s new management implemented its strategy after riding out the blueprint of previous management in Q4 2022. The result? Jumia saw its losses decrease …

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